BU experts on JPMorgan, Google, & Wells Fargo

June 28th, 2012

SMG_newsBelow is sampling of quotes by experts from BU’s School of Management on recent issues impacting the business world:

“Essentially, JPMorgan has been operating a hedge fund with federal insured deposits within a bank.” (JPMorgan Trading Loss May Reach $9 Billion; New York Times)
Mark Williams

“It gets them over the first discussion hurdle, that is they’ve alerted shareholders to the fact he’s going to have this health effect. The tough questions still lie ahead, and there will be continued pressure to keep answering those tough questions.” (Google CEO says “nothing seriously wrong”: source; Reuters)
James Post

“By expanding so much in the mortgage industry, Wells Fargo is building a potentially dangerous concentration in one type of loan. What we know is that diversification is extremely important in banking.” (INSIGHT – Wells Fargo’s mushrooming mortgage risk; Reuters)
Mark Williams

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