By Hao Sun

 A continuation of some discussions from last time  Why JPM and BAC?  To see the realized covariance and systematic co- jumps during the financial crisis  What happens to JNJ?  Still on hold, until I can find a more suitable stock to compare with

 JP Morgan Chase & Co. (JPM)  Apr. 09, 1997 – Dec. 30, 2010  Stock Splits 2 ▪ Jun 15, 1998 [2:1] ▪ Jun 12, 2000 [3:2]

Jumps  Nov 18, 2000  But this doesn’t look like a [3:2] split, the change is too small.  But inter-day price jumps  Merger between JP Morgan & Co. and Chase Manhattan Corporation

Jumps Continued  Sept. 18, 2002, 8-K filed, div. declared, increasing credit cost  Jul. 17, 2008, 8-K filed  Sept. 19, 2008, 8-K filed  Apr. 9, 2009

Stock Split: Aug. 26, 2004, 12:00pm [2:1]

 Find a peer for Johnson & Johnson, and do some analysis on Flash Crash  Focus more on the Realized Covariance and Realized Correlation between JPM and BAC during the 2008 Financial Crisis  Look at realized beta