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i heard that but he also said jpm was cheep.
He also called a market bottom no?
yes..
ya gotta give Cramer credit for pulling no punches
Yes, Mr. Dimon did not mind the store properly. More importantly, is it not true that this is a derivative trading loss, and someone on the other side of the trades made what JPM lost? And JPM will make money on other trading and probably end up with a nice profit this year anyway. Will the traders that took the other side be called before Congress “to explain”?
What am I missing?