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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Joe Stocks who wrote (69455)9/7/2006 3:02:30 PM
From: Mike Johnston  Read Replies (1) of 110194
 
Remember JPM’s “problems”. Suddenly they went away. A ‘stealth bailout’ is put in place.

I wrote about this several times on this board as far back as 2 years ago. I am glad i am not alone in having made this observation.

After having suffered billions in losses in Argentina and telecom debacle, JPM went from the verge of bankruptcy (rumors) to the cover story in Barron's titled "Stronger than ever" in a period of about one week.
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