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To: patron_anejo_por_favor who wrote (16987)9/9/2000 1:14:18 PM
From: IceShark  Respond to of 436258
 
How can such a big chunk be labeled "other". In any event, I'd rather be holding poots than long the stock come monday morning. -g-



To: patron_anejo_por_favor who wrote (16987)9/9/2000 5:01:36 PM
From: LLCF  Respond to of 436258
 
<When a bank like Morgan is this reliant on proprietary trading, and fails to give a clearer idea of what strategies are working so well, investors shouldn't be surprised if one quarter's big gain swings to a big loss in the next.>

Besides this problem, you have to wonder how long the banks clients will continue to gobble up all the 'packaged crap' the bank puts together and dumbs on them. I'm amazed at how many buyers there are out there willing to have this stuff jammed down their throats.

DAK



To: patron_anejo_por_favor who wrote (16987)9/9/2000 5:01:49 PM
From: UnBelievable  Respond to of 436258
 
Quits Abruptly To Pursue 'Entrepreneurial Interests' Means Got Fired

It seems like they are going to need someone to blame

Douglas A. Warner III, the company's chairman, said that Mr. Hancock was one of the architects of the firm's standard-setting derivatives business and played a key role in turning J.P. Morgan's fixed-income division into a model for the future.

J.P. Morgan's CFO Quits Abruptly
To Pursue 'Entrepreneurial Interests'
A WSJ.COM News Roundup

NEW YORK -- J.P. Morgan & Co.'s chief financial officer, Peter Hancock, resigned abruptly to pursue "longstanding entrepreneurial interests," the company said Friday evening.

J.P. Morgan Climbs 5% on Speculation of Merger Talks With Deutsche Bank (Sept. 7)

J.P. Morgan's Earnings Beat Forecasts as PNC Reports Profit Increase of 5% (July 14)

J.P. Morgan Names Peter Hancock as Its New Chief Financial Officer (May 26, 1999)

J.P. Morgan named Thomas Ketchum, the investment bank's chief administrative officer, to succeed Mr. Hancock. The announcement comes days after speculation swirled that J.P. Morgan, one of the oldest names in American financial circles, was in merger talks with Germany's Deutsche Bank AG.

J.P. Morgan said Mr. Hancock, who was promoted to CFO in May 1999 from head of the company's fixed-income business, is exploring alternatives that include several private ventures in which J.P. Morgan "hopes to invest."

"I count myself fortunate to have been part of J.P. Morgan through two eventful decades of transformation and growth, and leave with great confidence in the firm's future," Mr. Hancock said in a statement. "I'm also very excited to be exploring opportunities to apply my experience in new ways. For me, the time was right to do it."

Mr. Hancock began his Morgan career in 1980 in the firm's corporate finance unit in London. Over the years, his responsibilities have included heading Morgan's global swaps group, global fixed-income business and credit portfolio group.

Douglas A. Warner III, the company's chairman, said that Mr. Hancock was one of the architects of the firm's standard-setting derivatives business and played a key role in turning J.P. Morgan's fixed-income division into a model for the future.

interactive.wsj.com



To: patron_anejo_por_favor who wrote (16987)9/10/2000 2:43:54 AM
From: Ken98  Respond to of 436258
 
Makes you kind of wonder who was floating all of those JPM buyout rumours, huh?