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JPMorgan Facing 2007 'Kitchen Sink' Times Again?
By: CNBC.com News
Posted on May 22, 2012 at 16:43 PM EDT
A few years ago, investor expectations of bank earnings were said to be "at rock bottom." Bank analysts and journalists explained that the banks would report a "kitchen sink" quarter, in which they would take heavy losses and start "laying the groundwork for a strong recovery." That was 2007.
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