According to a WSJ report: It isn't just the earnings number
that J.P. Morgan Chase reports that matters. It is how the bank gets there.
All eyes will be on J.P. Morgan when it announces
second-quarter results Friday and, crucially, provides a fuller account of the
trading loss that has engulfed the bank. The first question will be just how
big a loss will be left in the wake of a trader who became known as the
"London Whale." Markets expect about $4 billion to $5 billion. The
next is what levers J.P. Morgan might pull to offset the loss and what ...
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