For a while it looked like JP Morgan had escaped the worst effects of the credit crash but hat first quarter profit fell by half, showing how credit troubles in subprime home loans are now spreading to other types of consumer and business debt.
J.P. Morgan Hit Hard by Credit Crisis - washingtonpost.com
Posted by crikey (#1) 1389 days ago (http://www.washingtonpost.com)
Credit crash is a social news site for the credit markets.