"Dimon, 54, got what he wanted -- and a lot that he didn’t want. JPMorgan is now saddled with $74.8 billion in nonperforming home loans inherited from WaMu, a third of the $230.7 billion in mortgages on its books... a lot of people don't realize that 80% of JP Morgan's mortgage portfolio is impaired... especially from subprime and option ARM loans..."

Comments: Be the first to add a comment

add a comment | go to forum thread