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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Jdaasoc who wrote (92778)7/9/2002 10:59:55 AM
From: Softechie  Read Replies (1) | Respond to of 99280
 
JPM is very risky...



To: Jdaasoc who wrote (92778)7/9/2002 1:20:48 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
Do you have any idea how much money Uncle Sam would be taking from you if JPM failed because of it's immense greed? It would be a significant sum of money.
To bail out JPM would mean taxes would have to go up to cover JPM butt. JPM, if it were to get in a mess, and they came begging for a hand-out would put in headlines that we have become nothing but a welfare state for the super RICH and Powerful. Max



To: Jdaasoc who wrote (92778)7/9/2002 1:33:19 PM
From: LTK007  Respond to of 99280
 
<but Government has a "pail' to "bail" JPM out if necessary.> i do not like being a 'pail' :) but it is what the PAIL is, it is us: grumble grumble, aaarggh:)


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