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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: heehee1 who wrote (22226)10/21/2001 8:51:18 PM
From: velociraptor_  Read Replies (2) of 52237
 
Could be a whole hell of a lott worse than LTCM..A JPM derivative blow-up would make LTCM look like a drop of water in an ocean.

I think this article here should put the potentially disastrous position of JPM in light. It should also make clear that if the goverment is involved in market manipulation, it would probably be a lot cheaper to prop up the market than try to bail out JPM in a true disaster...

zealllc.com

I always knew there was a problem here, but the first time I read the above, I was absolutely flabbergasted.
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