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Jamie Dimon To Summarily Execute Thousands Of His Children To Show “All Are Equal In My Eyes”

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JPMorgan may lay off up to 4,000 of its own in the coming months. About half of the cuts are said to be related to making room for those “star” Bear Stearns employees replacing their Dimonette counterparts which, last we heard, included the entire bespoke correlation trading team. The other 2,000 are apparently being let go because of that whole credit crisis situation.
JPMorgan May Cut 4, 000 Jobs on Bear Deal And Markets [Reuters]