July 16, 2009...12:05 pm

The recession must be over

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Time for mega-bonuses.

Even as it weathers the worst economic downturn in decades,JPMorgan Chase on Thursday announced a $2.7 billion second-quarter profit from stellar trading and investment banking results, The New York Times’s Eric Dash writes.

What unemployment? What lowered wages? What wall street meltdown? What’s a TARP, TALF?

More money to fund lobbyists to fight unions, universal healthcare, CFPA …

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