The cost of Los Angeles Dodgers baseball team: A group of investors led by legendary basketball star Magic Johnson and Guggenheim Partners paid about $2 billion this year for the Los Angeles Dodgers.
A lot of cookies: Kraft Foods reported in May that annual sales of its popular Oreo cookies surpassed $2 billion in 2011.
Nearly the annual GDP for some countries: The 2011 gross domestic product of the Central African Republic was $2.2 billion, according to the International Monetary Fund. Eritrea?s was $2.6 billion.
More than some JPMorgan businesses earned in the first quarter: JPMorgan?s investment bank earned $1.68 billion the first quarter of 2012, while its retail bank generated $1.8 billion. The company earned $2 billion on mortgage fees and related income.
A lot less than JPMorgan’s compensation costs:
JPMorgan spent $8.6 billion in the first quarter of 2012 on salaries, benefits and other compensation. It paid another almost $2 billion to outside consultants, lawyers and other professionals.
