Saint Xinon

Bear Stearns Should Go for More Than $6 - Barron's

JPM great short.

only logical reason is

BSC + 30 billion $ << 0 $

Please check balance sheet of JPM & BSC for confirmation of fact...
just to add some spice...

check this also...

www.spiegel.de/interna...

can fed bail them out also ? who are buyers of ABX index trash after dust has gone down.... germans chinese indians arabs ???

and on the top of that JPM is/was 70:1 leveraged in December 2007... and all bankers in the world know about it....

The Credit Crisis and Potential Shorts

Please go through UBS/FNM/FRE accounts.
To be a bank or finance company you need a positive balance sheet.
They are great companies but for that positive balance sheet part.
but for sad knowledge of accounting I would have bought all the way all the stocks of them...
Even Enron was looking better in it's last days than these guys....
Anyway how many of you guys lost money in Enron or gained money by shorting it ?