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Jan
16

Wall street is back in business!

world financial market

world financial market


JP Morgan posted a surprising $3.3 billion profits in the last quarter of 2009 compared to $702 million in 2008. Goldman Sachs also crossed the magical figure of $3.4 billion in the second quarter of 2009. Except the credit card business ‘All is Well’. In June 2009 JP Morgan paid back the entire bailout amount of $25 billion. Is this the sign of another super bull run which lead to the financial crisis or is it a sign of sustainable growth for a prosperous future? Whatever, it is time for the bankers, businessmen, employees and job seekers to rejoice and celebrate!

Rogues

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