NEW YORK ( TheStreet) -- In what universe other than Wall Street is $11,000,000,000 in fines considered welcomed news? After rumors circulated JPMorgan (JPM) may resolve most if not all significant regulatory issues with one $11 billion check, shares traded higher.Wall Street loves certainty, or at least the perception of certainty, and Jim Cramer calls it cheap. Cramer has a point within the context of how large JPMorgan is, and rising litigation costs that are already in the billions of dollars a settlement may make financial sense.
It's Time to Fire JPMorgan's Dimon
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