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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (34451)	5/28/2003 4:23:59 AM
From: elmatador	Respond to of 74559

JPM with >30% market share is to big to fail. It won't fail.

To: EL KABONG!!! who wrote (34451)	5/28/2003 6:41:37 AM
From: TobagoJack	Respond to of 74559

Ok, KJC, energyplay, and my other cyber-pal Gumnam, the bet is on, and we are playing for a serving of wine, cheese, salami, and cracker snack, betting either with or against the I Bet Maurice is Wrong trade Message 18964873 Chugs, Jay

To: EL KABONG!!! who wrote (34451)	5/28/2003 7:48:47 PM
From: Raymond Duray	Respond to of 74559

Re: I simply don't believe that JPM would be so stupid as to have so many eggs in one basket as to risk losing the whole thing... JPM has all of its eggs in one very cushy basket, the FRB. JPM is backed by the full faith and credit of the American taxpayer. They are the ultimate "moral hazard" play. If their derivatives work, they take the profits. If their derivatives turn too negative, the taxpayer makes JPM whole, in order to start the cycle again. It's a classic 'heads I win, tails you lose' scenario.