The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (114927)	4/4/2008 6:16:07 PM
From: MulhollandDrive	Read Replies (4) of 306849

In other words, we are to believe that JPM could absorb ALL of BSC's obligations without catastrophic consequences, yet the financial system of the entire globe could not (via bankruptcy)!!? maybe i'm giving bernanke too much credit here, but trying to piece the events together, i'm concluding that dimon probably lied at the hearing....gotta keep that stock price up... at the time of the Bear Stearns blow up on that friday, calls were made to bernanke by JPM that if BS blows, we blow, and others will follow....the FED took action to prevent the unraveling and stick-saved yet again....of course now we are hearing from dimon that JPM is a good as gold and never was at risk iow... the fed was rolled by dimon

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