Chris, I am looking at a Depression scenario where Treasuries yielded almost nothing, but nobody else could borrow money at any rate.
In order, Chase (biggest exposure), Citigroup (second dumbest), Bankers Trust (dumbest, but they now have a big sugar daddy backing their mistakes), and least like, JP Morgan (there exposure is huge, but they are simply smarter than the other banks).
I think the FTC will take notice, but since Intel whupped 'em good in the last trial, they will be reluctant to take them on again right away. Unless they accidentally see MSFT get hooked, then they will get some liquid courage. |
