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  • Earnings on Tap for Thursday, Fingers Crossed [View article]
    This is how:

    "For the record ,JP Morgan does not even have a fraction of the 90 trillion dollars exposure in the derivative market."

    Who is lying, the Treasury or Gabe Borenstein?

    Ignoring or underestimating enormous risk got us into this crisis. Even Greenspan admitted it today, way too late to save his sorry reputation.
    Oct 24 00:22 am |Rating: 0 0 |Link to Comment
  • Earnings on Tap for Thursday, Fingers Crossed [View article]
    www.occ.treas.gov/ftp/...
    Comptroller's office figures.
    Do you think they exaggerate risk, or minimize it?

    Gabe Borenstein shut up before you cause more damage. This is not funny.
    Oct 22 02:46 am |Rating: 0 0 |Link to Comment
  • Earnings on Tap for Thursday, Fingers Crossed [View article]
    If you must keep your head in the sand, STFU.
    Oct 20 00:35 am |Rating: 0 0 |Link to Comment
  • Earnings on Tap for Thursday, Fingers Crossed [View article]
    From Portfolio.com:

    "Morgan’s derivatives project began in the wake of the Asian financial crisis in 1997 as an attempt to protect the bank from bad loans. Demchak’s innovations worked—for his bank. Morgan came to dominate this corner of the financial world while preserving a culture of prudence. Morgan—deemed to be so safe that it snagged two of the victims of the financial-system collapse, Bear Stearns and Washington Mutual—is still swimming in credit derivatives, far more than any other firm on Wall Street, though the bank says it’s hedged. As of the second quarter of 2008, the bank had written derivatives contracts backing credit valued at $10.2 trillion, roughly three-quarters the size of the U.S. economy."

    Total exposure $90,000,000,000,000.
    Oct 20 00:34 am |Rating: 0 0 |Link to Comment
  • Earnings on Tap for Thursday, Fingers Crossed [View article]
    Gabe B. you need professional help. What happens after "one more aggressive easing"? We're at 1.5 assclown. "All issues have been identified..." How about JPMorgan's $90,000,000,000,000 (trillion) derivative exposure. Really it's time you woke up.
    Oct 16 04:42 am |Rating: 0 0 |Link to Comment
  • Playing the Market as Delinquencies Continue to Rise [View article]
    An option or futures contract is a derivative position. A short sale is merely a short sale, of the underlying asset itself.
    Sep 03 05:17 am |Rating: 0 0 |Link to Comment
  • Lehman Brothers Take-over: Implications for Financials [View article]
    "but since these assets will be held to maturity, ACAS will get their money back."

    Wow. Unless they don't.
    Aug 26 00:23 am |Rating: 0 0 |Link to Comment
  • Everything Financial Rolls Over: Is a Bounce Likely? [View article]
    Another seeking alpha misleading headline.
    Jun 27 07:57 am |Rating: 0 0 |Link to Comment
  • U.S. Bank Dividend Yields Revisited [View article]
    Anonymous writer said buy banks last November. And they still publish this drivel?
    Jun 27 02:29 am |Rating: 0 0 |Link to Comment
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