JP Morgan

Market Recap: Bulls on the Loose, Google in the On Deck Circle

The Reformed Broker, AKA Phat Albert, here with today’s Market Recap… A lot of churning in the markets this morning, but the resolution was clearly to the upside.  The Dow Jones Industrial Average is now at the highest point since the wheels fell off in early February.  The consumer recovery plays were the winners today, with everything…

Jamie Dimon For President

Jamie Dimon doesn’t just Beat the Street, he Owns the Street.  I read somewhere that 20% of the world’s money market funds were currently with JPMorgan Chase.  I can’t remember where I heard it, but if that’s even close to accurate, that’s a remarkable statistic and it shows you who’s going to be the big…

One Year Later: The Fall of Bear Stearns

  It was a day many on The Street will never forget and in many ways, we probably shouldn’t.  The events of March 17th 2008 will forever be a reminder to me that no one is too big, wealthy, established or smart to fail. The night before, on March 16th, a Sunday, the details about…

Hot Links: Doug Kass, DinoTrader & Jamie Dimon

Hot Links for Weekend Reading: Earlier this week, in print and on Kudlow & Co, Doug Kass of Seabreeze Partners emphasized that he felt the market was printing a significant bottom at these levels. Regular readers of TRB know that Kass is my fave pundit/ commentator and his bottoming call is an important one.  It’s…

Jamie Dimon is a Dreamboat

I’m a happily married man, but Jamie Dimon’s Chamber of Commerce speech today set my heart aflutter and was EXACTLY what the market and the media needed to hear after the last few weeks. A lot of the mud that’s been hurled at Wall Street lately has been completely warranted but at a certain point, its…

Interview With the Ghost of JP Morgan

  Last night,  I was working late in my office in the Helmsley Building, blocks away from the old JP Morgan Library on Madison Ave.  A stiff wind blew through the window and before I knew it, I was face to face with the Ghost of J. Pierpont Morgan! Below is our conversation: The Reformed…

Good Bank, Bad Bank by Dr. Seuss

Good Bank             Bad Bank Wood Bank           Fad Bank Red Bank               Blue Bank Old Bank              New Bank

Hot Links: Ken Lewis Edition

Hot Links for Weekend Reading: The country is made up of two types of people right now, those who care about the Bank of America/ Merrill Lynch saga and those who truly don’t mind being robbed and pillaged in broad daylight.  When the news came out that Merrill Lynch CEO John Thain requested a $10…