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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject	2/19/2002 10:43:15 AM
From: Teri Garner	of 436258

Will JP Morgan do an Enron? by Michael Kosares* TNA News with Commentary Monday 18 February 2002 Gold is moving sharply to the upside in early New York trading as more concern surfaces over troubled JPMorgan/Chase — the huge trading/banking operation many analysts feel has played a critical role in the gold market over the past several years. Many gold analysts believe that that involvement has been as a deterrent to higher prices. Yesterday, reports began to surface that Morgan/Chase may have its credit rating lowered — a circumstance that started Enron’s uncontrolled tailspin into bankruptcy last year. While the public focuses on the Enron committee hearings in Congress, a far more pervasive and potentially crippling problem — the possible collapse of JP Morgan — is festering behind the headlines. newaus.com.au

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