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Message
re: Call the bottom on JPM
Posted on 6/2/12 at 12:11 am to LSUTigers00884
Posted on 6/2/12 at 12:11 am to LSUTigers00884
No, I'm on board with it going lower... I guess you meant that for the OP.
Hopefully this puts sand in the OP's sails:
CFTC to subpoena JPM over Trading losses.
-Now just to give you a heads up: The CFTC does NOT subpoena the largest US bank over a plain vanilla 2 bn trading loss.... this is likely way more than 2 bn and is why JPM sold assets off worth 25 bn... most likely margin calls on their IR swap desk. This is just the tip of the iceberg.
DO NOT BUY THIS STUPID STOCK. YOU WILL LOSE YOUR MONEY.
Hopefully this puts sand in the OP's sails:
CFTC to subpoena JPM over Trading losses.
-Now just to give you a heads up: The CFTC does NOT subpoena the largest US bank over a plain vanilla 2 bn trading loss.... this is likely way more than 2 bn and is why JPM sold assets off worth 25 bn... most likely margin calls on their IR swap desk. This is just the tip of the iceberg.
DO NOT BUY THIS STUPID STOCK. YOU WILL LOSE YOUR MONEY.
This post was edited on 6/2/12 at 12:12 am
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