JPMorgan Tests ‘Art of the Possible’ in Leveraged Buyouts

JPMorgan CEO Jamie DimonPhotographer: Al Drago/Bloomberg

When JPMorgan Chase & Co. took the lead last year in financing the $55 billion takeover of Electronic Arts Inc., a record-setting leveraged buyout, Wall Street saw it as a sign that a lucrative period of bankrolling super-sized private equity deals might come roaring back.

Five months on, the mood is less jubilant.