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J.P. Morgan's Braunstein: We're A Long Distance From A Normalized Environment (JPM)
Wednesday, April 13, 2011 - 12:53pm | 153Doug Braunstein, the CFO of J.P. Morgan Chase (NYSE: JPM), spoke to CNBC this afternoon, saying that we are a “long distance from a normalized environment if you think about the charge-off rate.” “The housing market is a very complicated one,” Braunstein added. “It's still a very high rate of...