TUESDAY AUGUST 26
Even the Best Lose Their Shirts

JP Morgan has been one of the more adept at skirting the credit crisis. While their peers have had their hand out for billions of petrodollars in the last year, Jamie Dimon’s crew stayed relatively above the fray. So much for that. On the brink of potential nationalization for Fannie Mae and Freddie Mac, JP Morgan is feeling the pain on the preferreds to the tune of $600M.

August 2008

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