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GodLovesPork

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About GodLovesPork

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  1. dow up 150 pts currently, market does not care abt anything, any data is bullish, everything is "better than expected", it wants to go higher
  2. UK is finished, becoming a banana republic, time to migrate to china
  3. this is a test can't seem to delete my own post.
  4. Wow. mkt rally 200 pts again.... destined to live in rented property forever....
  5. PMorgan Chase posts 2Q profit, surpasses Street JPMorgan Chase posts 2nd-quarter profit of $2.72 billion helped by investment banking business * By Ieva M. Augstums, AP Business Writer * On Thursday July 16, 2009, 7:13 am EDT CHARLOTTE, N.C. (AP) -- JPMorgan Chase & Co. posted a 36 percent jump in second-quarter profit Thursday, easily surpassing Wall Street expectations as strength in its core consumer and investment banking businesses offset a jump in credit losses. The New York-based banking giant, the second big financial institution in a week to release upbeat earnings news, reported net income of $2.72 billion, or 28 cents per share, up 36 percent from $2 billion, or 53 cents per share, a year earlier. Revenue rose 39 percent to $25.62 billion from $18.4 billion. Earnings per share fell despite an increase in profit because the company had more stock outstanding in the most recent quarter ending June 30. Analysts forecast earnings of 4 cents per share on revenue of $25.89 billion for the quarter. The profit came despite a $1.1 billion charge, or 27 cents a share, as JPMorgan repaid in full $25 billion in loans it received from the government as part of the Troubled Asset Relief Program, or TARP. The bank was also hit by a 10-cents-a-share FDIC special assessment penalty. CEO Jamie Dimon said he was "pleased" by the results, even as the company's latest numbers were weighed down by higher credit costs, particularly in the company's consumer lending and credit card businesses. The bank said it set aside $9.7 billion for credit losses, up from $4.29 billion a year earlier but down from the first quarter's $10 billion. JPMorgan's upbeat report followed strong earnings earlier Tuesday from Goldman Sachs Group Inc.
  6. there are a lot more pple now per sq ft and also, due to the effects of globalisation, there are MANY MANY more foreign buyers snapping up property arnd the world, including the UK
  7. Yes Thomas Jefferson said "When the people fear the governement it is tyranny, when the government fear the people, it is liberty"
  8. The bulls have made the first move....now we watch...
  9. dont see what he is moaning abt, We always knew the JSA was 64.30
  10. foreign buyers with EUROS snapping up property left and right. NOOOOOOOOOOOOOOOOOOOOOOOOOO
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