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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 1 October 2012 [View all]Po_d Mainiac
(4,183 posts)60. If the story is correct
Then the JPMorgue is on the hook for a few years distant. Kinda like a large piece of unexploded ordinance, sitting right in plain sight in the heart of lower Manhattan
If that's the case, finding optimists (Suckers) willing to buy into those positions at the same time GDP's for most major economies are being revived downward ain't gonna be an easy sell.
And I agree, if the CIO starts getting margin calls 24/7, it will be joy watching the price of JPM shares fall to and though the teenage stage on their way towards' newborn. $0.00
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