JPMorgan posts giant profit, despite recession

JP Morgan CEO Jamie Dimon joins Goldman Sachs as its profits jump, despite the recession. (Bloomberg)

Senator Chris Dodd declares this health care bill tailor-made for for those without coverage as the legislation passes through the Committee on Health, Education, Labor and Pensions with an expected bipartisan split. (WSJ)

Small business lender CIT Group was refused a government bailout and unless it finds a buyer fast, it’s in danger of going under. (NYT)

On a visit to France, Treasury Secretary Timothy Geithner indicates he sees the economic climate improving. (Reuters)

Sonia Sotomayor‘s nomination hearings come to a close as she responds to abortion and gun rights issues. (NYT)