JP Morgan Chase

Though it suffered an estimated $4.4 billion loss related to its bungled trading in some very risky types of investments, JPMorgan Chase said this morning that it still did well enough in its other businesses that it had net income of $5 billion in the second quarter. As our colleagues at Planet Money said Thursday , even though the high-profile losses were huge, the nations largest bank could probably absorb them, and even make up for them with income from elsewhere in its operations. That...