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JPMorgan Puts In 'Solid' Q2 Performance

JPMorgan Logo

New York – JPMorgan Chase & Co. has reported second-quarter 2011 net income of $5.4 billion, compared with net income of $4.8 billion in the second quarter of 2010. Earnings per share were $1.27, compared with $1.09 in the second quarter of 2010.

Are We Close To The End Of The World As We Know It ?


Budget cuts, austerity programs, debt ceilings, sovereign debt worries, food price increases, civil unrest in many parts of the globe, famine again in East Africa. It's not looking good, is it ? In fact, it's easier not to look at all - and that's what many folks are doing.



Alan Greenspan still pic

Ayn Rand would have been 110, and still influential years later

Modern-day capitalism has no shortage of heavyweight scholars - names such as Milton Friedman, Adam Smith, Friedrich von Hayek and Murray Rothbard are among the most prominent names that surface among free market thinkers. Yet the person most frequently evoked by proponents and detractors alike was neither a trained economist nor a traditional businessperson.

Morgan Stanley building

People News - Morgan Stanley, RBS

Morgan Stanley co-head of mergers and acquisitions for EMEA Johannes Groeller is to join Paul Taubman's advisory boutique, a source familiar with the move has told Reuters.