JP Morgan Not worth the trip

It’s hard to make the case that doughnuts are good for you. It’s proving particularly difficult for the folks over at JP Morgan. The bank is conducting the $2bn auction of Dunkin’ Brands for Pernod Ricard, the French booze company selling the doughnuts and ice cream chain. Now it has emerged that JP Morgan Partners, its private equity arm, is one of the bidders for Dunkin’, sparking conflict-of-interest whispers across Wall Street. Things weren’t supposed to happen this way when JP Morgan decid...