ERIC DASH, New York Times,
Submitted by: Editor
JPMorgan’s Profit Soars Despite Economic Downturn
The strong showing may put to rest some worries that the bank was allowed to pay back its $25 billion taxpayer investment too early, after it passed the U.S. government’s stress test in May. But along with Goldman Sachs, its quick resurgence is bound to raise fresh concerns about soaring pay levels and growing clout in Washington.