JPMorgan's Fourth-Quarter Profit Rises to $4.8 Billion - NYTimes.com
JPMorgan Chase kicked off the earnings season on Friday with news that it turned a strong $17.4 billion profit in 2010, up 48 percent from $11.7 billion the year before, as the consumer lending environment improved and commercial banking notched record results.
Hey, at least somebody's making money. Maybe someday they will return the favor and bail us out. Or is that too much to ask?
Meanwhile, Bunky, check this out:
S&P, Moody's Warn On U.S. Credit Rating - WSJ.com
That's right! The same two companies that only recently rated giant, odiferous piles of hog manure AAA are now getting all huffy about the U. S. of friggin' A. We are just going to have to shape up, I guess. We wouldn't want them being upset.
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