Congrats to all who hold JPM, too. Smiling Ben Bernanke has done a great job in FEEDING THE FINANCIALS. Ben has proven, once again, that the banks are too big to fail. He does such a wonderful job of FEEDING THEM.
morin, some food for thought: financials make up a much smaller market cap weighting of the SP 500 than they did before Ben Bernanke took over. I dont disagree with your premise that Ben has helped them, however the market cap of the financials is actually smaller.
You need to consider what the earnings and market cap of "Wells-Chovia" was back in 2006.