Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Jim Willie CB who wrote (20642)	10/26/2002 4:52:51 PM
From: jimsioi	Read Replies (2) of 36161

Jim Willie CB, re 170 Billion JPM fraud Wondering if your friend's friend didn't miss or inadvertently add a couple of digits..... "the investigation of $170 BILLION in improperly reported Q3 interest payments on three big loans..." 170 BIILLION seems a bit on the HIGH side....that would be equal to 680 billion in annual loan interest which at 10% would represent principal of 6.8 Trillion dollars....Maybe he meant millions???? Given the widening circulation your story is getting and its high entertainment value I suspect it accounts for much of SDII surge in readership this weekend. (reference has 37 recommendations on the Yahoo JPM board....probably not too surprising.) We might wish to have this dollar number clarified some to appease the naysayers and disbelievers.....or at least to keep the fiction within reasonable bounds and in the possibility zone..

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