J.P. Morgan Plans Massive Buyback

What great timing! Just yesterday we spoke of stock buybacks in our MBA 610 class. J.P. Morgan Plans Massive Buyback: "J.P. Morgan Chase said its board authorized the repurchase of up to $8 billion of the company's common stock."A few quotes (which happily enough fit exactly with what we discussed in class :) )"We believe the new stock repurchase program provides additional flexibility""J.P.