Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (183011)	7/24/2002 1:46:32 PM
From: Gut Trader	Respond to of 436258

Market rots from the head down However, even if JPM were to lose its case on the $1.1 billion of surety bonds, the losses would be covered by earnings, which should surpass $4 billion for the year. As to other allegations, there is no way to responsibly quantify what the impact, if any, might be. In any case, the $37 billion tangible equity base should provide considerable comfort against any such event risk. However, the negative outlook on the holding company's 'AA-' rating continues to indicate the possibility of a rating adjustment in response to a deteriorating business environment that affects all universal banks and brokers. Commercial loan quality should also remain a concern through year end, although the consumer sector is improving