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re: JPM (Chase Bank) net income increases 67%

Posted on 4/19/11 at 12:46 pm to tirebiter
Posted by kfizzle85
Member since Dec 2005
22022 posts
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Posted on 4/19/11 at 12:46 pm to tirebiter
I was just joking around. On a different note, Rosenberg's report today is 24 pages, and it lays an absolute beat down on inflation expectations.
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Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
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Posted on 4/19/11 at 12:56 pm to kfizzle85
quote:
is 24 pages


He's getting paid by the word these days???

24 pages!!!
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Posted by kfizzle85
Member since Dec 2005
22022 posts
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Posted on 4/19/11 at 12:58 pm to tirebiter
WTF is it with marketwatch writers and deducting fricking dividend payments from net income? LINK ][LINK]

I've seen this shite numerous times. This article is literally garbage.
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Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10709 posts
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Posted on 4/19/11 at 2:25 pm to kfizzle85
No idea, maybe they were thinking "non-recurring" pref dividend add back and bungled it.

WB made out like champ as usual. Kindly old fellow my azz.
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Posted by kfizzle85
Member since Dec 2005
22022 posts
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Posted on 4/19/11 at 2:39 pm to tirebiter
They're trying to make it sound like that by comparing it to prior period. Gross negligence, this is literally accounting 101.
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