Click on image for larger image in new window.Ladenburg analyst Richard Bove is being quoted (headlines only) that JP Morgan's "original concept" has "broken down". And that the issues will not be resolved until "well into 2009."
Tuesday, August 12, 2008
Analyst Bove: "Close to Perfect Storm" for JPM
Update: Here is the story from Bloomberg: JPMorgan Shares Plunge on $1.5 Billion Mortgage Loss Since July (hat tip Ministry of Truth and TJ)
Click on image for larger image in new window.
Ladenburg analyst Richard Bove is being quoted (headlines only) that JP Morgan's "original concept" has "broken down". And that the issues will not be resolved until "well into 2009."
Click on image for larger image in new window.Ladenburg analyst Richard Bove is being quoted (headlines only) that JP Morgan's "original concept" has "broken down". And that the issues will not be resolved until "well into 2009."