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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Robin Plunder who wrote (93867)	4/27/2008 10:36:47 PM
From: TH	Respond to of 110194

RP, IMO, one only needed to listen the the congressional testimony to determine that SOMEONE was lying. A big tell? Dimon late in the day stated that the Fed got the <good stuff> and JPM the most risky stuff. So, in other words, JPM was doing good service for the world by taking on the questionable stuff. I don't believe that. Of course there will be no complete disclosure, as the Fed stated that market awareness of what they hold may influence the value, i.e. the new GREENIE/BEN put. GT TH