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  • Buying a Bank? My Vote is for JPMorgan Chase  [View article]
    Quant analysis frequently misses the point. Potential losses from real estate, credit cards, etc. loom and reserves are questionable. What about the largest derivative book of any bank in the world? The "Buffett time bomb" issue is frequently overlooked. Remember why JPM acquired Bear Stearns. Answwr: JPM's derivative exposure to Bear. Until we have a full accounting and fair analysis of derivative exposure, be very careful.
    Sep 02 11:51 am |Rating: 0 0
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