Thursday, March 31, 2011

J.P. Morgan Chase & Co. (NYSE:JPM) Warns Of Debt Default

J.P. Morgan Chase & Co. (NYSE:JPM) CEO has said that the US debt default would be catastrophic. J.P. Morgan Chase & Co. (NYSE:JPM) Warns Of Debt Default Jamie Dimon, the Chief Executive Officer at J.P. Morgan Chase & Co. (NYSE:JPM), said that investors, companies and insurance funds would lose access to the markets if the country moves toward a default about its debt limit. While speaking at a US chamber of commerce yesterday, Mr. Dimon said that, "If the United States actually defaults on our debt it would be catastrophic." JP Morgan Chase & Co. (NYSE:JPM) shares are currently standing at 46.45. Price History Last Price: 46.45 52 Week Low / High: 35.16 / 48.36 50 Day Moving Average: 45.65 6 Month Price Change %: 18.2% 12 Month Price Change %: 2.6%
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