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To: patron_anejo_por_favor who wrote (114927)4/4/2008 6:16:07 PM
From: MulhollandDriveRead Replies (4) | Respond to 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



To: patron_anejo_por_favor who wrote (114927)4/4/2008 6:34:09 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
Any clown in Clowngress who does not oppose this forcefully deserves to be booted out of office in November

thus far, that would be all of them, right??? (including ron paul...i was extremely disappointed in his performance during the hearing...but oh well, he raised a ton of money during his campaign from the gullible ....hmmmmmm....just where do those unspent millions of campaign contributions of a defunct candidacy eventually end up?)