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Gold/Mining/Energy : Gold Price Monitor
GDXJ 89.99+2.8%4:00 PM EST

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To: Abner Hosmer who started this subject10/21/2001 9:33:57 PM
From: Secret_Agent_Man  Read Replies (2) of 116752
 
The JPM Derivatives Monster*
zealllc.com

A closer look at the derivative problem can be found at JP
Morgan...(lifted from CyclePro site)

JPM's (combined JPMorgan & Chase) netted
derivative holdings is $22.3 trillion, their market capitalization is
currently $61.2 billion, this means a ratio of 365 to 1. JPM's assets
and deposit base is $713 billion, this
means a ratio of 31.4 to 1.

Message 16536296
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