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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Baldur Fjvlnisson who wrote (27520)2/6/2002 11:04:03 AM
From: Jim Willie CB  Read Replies (1) of 99280
 
JPM will take 18 months because plenty of legit business
they have many healthy commercial loans, for sure
they have Chase credit card business
they have stock trading, apart from derivatives

but the big bad loans and derivatives will bring them down
and their criminal participation in offshore schemes will kill them

I really wonder about the principle of "too big to fail"
govt bailouts for criminals is out of favor now
/ jim
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