BEFRIEND THE TREND Short-term Options Trading Thread Message Board

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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread

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Jan 9 4:00 PM EST

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To: mishedlo who wrote (878)	2/16/2002 1:01:23 PM
From: SusieQ1065	Read Replies (2) of 4058

Message 17070302 In just the past few months, JP Morgan took a $2 billion loss on Enron, a $2.25 billion loss on Global Crossing, and a $1.6 billion loss on KMart. Reuters reports this morning, it has a $14.4 billion exposure at troubled TYCO. The full story is still out on its exposure in collapsed Argentina (but it is likely in double figures). Now it surfaces that it has exposure at another company on the ropes, Qwest. And that's just what we know about.

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