Money Stuff: It’s Not All Bad for Banks

Programming note: Money Stuff will be off tomorrow, back on Thursday.

The bad news, for JPMorgan Chase & Co., is that it is mostly a giant bank that is in the business of lending money to people and companies, and now lots of people have lost their jobs and lots of companies have lost their revenue, and so they will have a hard time paying JPMorgan back. It is early in that process, but the bad news looks pretty bad: