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JPMorgan Chase Posts $3.3B Quarterly Profit

HeadlineApr 15, 2010

The financial giant JPMorgan Chase has posted a $3.3 billion first-quarter profit, a 57 percent increase from last year. The firm has received over $25 billion under the taxpayer-funded bailout. In related news, students from this year’s graduating class at Syracuse University have launched a campaign to cancel a commencement address from JPMorgan Chase CEO Jamie Dimon. The students say they oppose Dimon’s appearance at their graduation because of his company’s role in the nation’s financial meltdown. An online student petition has gathered 900 signatures so far.

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