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To: Secret_Agent_Man who wrote (222995)2/20/2003 6:03:17 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 436258
 
February 20, 2003 -- J.P. Morgan Chase & Co. canned its top trader, Mino Capossela, in a restructuring announced internally yesterday. The move comes after the second-biggest U.S. bank posted more than $285 million in trading losses in the second half of 2002.

It also comes as CEO William Harrison is under pressure to improve the bank's financial situation - or lose his own job…..
nypost.com



To: Secret_Agent_Man who wrote (222995)2/20/2003 8:55:55 PM
From: Earlie  Read Replies (1) | Respond to of 436258
 
C4T:

Good quote.

Meantime, Big Al has the printing presses running 24/7 this week so much so that I am no longer worried about the softwood lumber trade fracus, as the rate at which Greenspan is eating up paper, you guys will need everything we can ship to you. (g)

best, Earlie