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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (31027)3/16/2008 7:52:39 PM
From: TobagoJack  Read Replies (2) | Respond to of 217629
 
at the end of the bail out m&a that is happening, jpm may own 75-80% of fed and be able to appoint the president of the united states outright instead of machinating in the background as before



To: Elroy Jetson who wrote (31027)3/16/2008 11:47:49 PM
From: rotweil  Respond to of 217629
 
There are no line that won't be crossed. Things are that bad IMHO. So JPM the derivative king and the Fed biggest shareholder gets to turn junk into treasuries with no requirement to make good on the junk and then gets those newly minted treasuries on it books via Bear.