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JP Morgan Bottom-Feeds The Troubled Florida Market (JPM)

Yesterday, Jamie Dimon revealed JP Morgan Chase's plans to expand into Florida -- one of the most troubled economies around.. Chase, primarily a NY-based bank, already gained a significant presence in Florida after it acquired WaMu in September 2008. Now Chase will open 20 to 30 new branches in Florida beginning in 2011, with some projects beginning sooner, according to The Miami Herald.
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