Tuesday, December 13, 2011

JPMorgan Actions as MF Global Lender Called Likely to Be Probed (JPM; MFG)

From Bloomberg:
The liquidator of the MF Global Inc. brokerage said that “certain” actions of JPMorgan Chase & Co. (JPM), a lender to the broker-dealer’s parent, “are likely to be the subject of investigation.”...
The stock is trading down 2.5% at $31.24