Goldman Sachs says JPMorgan Chase should be broken up

[NACBA]

Goldman’s lead banking analyst said that JPMorgan could be worth 25% more than what it is today if it were broken up into four parts. Applying the same calculations and logic, maybe it should follow its own advice?

Goldman Sachs to JPMorgan Chase: Time to break up.

Goldman says that JPMorgan JPM 2.62% would be worth as much as 25% more if it were split into different pieces. Goldman advocates a “complete breakup” of the nation’s largest bank, and says the boost in returns from a split would far out weigh the synergies that JPMorgan claims it gets from its current size.

http://fortune.com/2015/01/05/jpmorgan-chase-split/

 

[enhanced_deficit]

They should be listened to, Goldman Sachs was top donor of moderate neocons puppet Obama.

 

[Ronin Truth]

JP Morgan Chase says Goldman Sachs should be broken up. Guess what? They are both correct.

 

[Brian4Liberty]

Classic!

Many people don't understand the amount of money made on Wall St. via M&As, IPOs, starbursts, spin-offs and divestitures. It's a way to churn huge amounts of assets and take a nice cut. Kind of ironic that GS is playing this game against JPM. Stories like this are meant to put pressure on a company to take the "recommended" action. Pretty easy to pay off or manipulate CEOs and executives of companies when those executives are not owner/founders and don't have that kind of dedication to the company. (See: Carly Fiorina).

 

[Zippyjuan]

They should be listened to, Goldman Sachs was top donor of moderate neocons puppet Obama.

Top Recipients of campaign funds from Goldman Sachs in the 2012 Campaign Cycle: http://www.opensecrets.org/orgs/summary.php?id=d000000085&cycle=2012

Top Recipients

Recipient -Total -From Indivs -From Orgs
Republican National Cmte $1,202,160 $1,202,160 $0
Romney, Mitt $1,045,454 $1,045,454 $0
Restore Our Future $885,000 $885,000 $0
National Republican Senatorial Cmte $812,500 $782,500 $30,000
National Republican Congressional Cmte $523,650 $493,650 $30,000
DNC Services Corp $488,514 $488,514 $0
Obama, Barack $210,020 $210,020 $0
League of Conservation Voters $125,000 $125,000 $0
Brown, Scott $105,050 $98,050 $7,000
Gillibrand, Kirsten $94,700 $84,700 $10,000

Top contributors to Barack Obama in 2012:

University of California $1,212,245
Microsoft Corp $814,645
Google Inc $801,770
US Government $728,647
Harvard University $668,368
Kaiser Permanente $588,386
Stanford University $512,356
Deloitte LLP $456,975
Columbia University $455,309
Time Warner $442,271
US Dept of State $417,629
DLA Piper $401,890
Sidley Austin LLP $400,883
Walt Disney Co $369,598
IBM Corp $369,491
University of Chicago $357,185
University of Michigan $339,806
Comcast Corp $337,628
US Dept of Justice $334,659
US Dept of Health & Human Services $309,956

http://www.opensecrets.org/pres12/contrib.php?cycle=2012&id=N00009638
But it should be noted about this list:

This table lists the top donors to this candidate in the 2012 election cycle. The organizations themselves did not donate , rather the money came from the organizations' PACs, their individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.