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To: Real Man who wrote (381464)	3/3/2009 6:12:00 PM
From: NucTrader	Read Replies (1) \| Respond to of 436258

What's interesting to me in paragraph V. How much they hold in OTC derivative contracts. That's not in billions is it? A little whiff of bad news, and what happens to JPM?

To: Real Man who wrote (381464)	3/3/2009 9:21:55 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 436258

Sounds like naked default swaps are pure bullshit...a fake bet everything goes to zero then somehow they own something? I'm going to create naked air and value it at ten quadrillion and then buy everything in existence free and clear?...for pennies on a trillion <g> Didn't JPM create the first depression? $87T generates $8B is pure bullshit? How can they call it currency? Clueless on Toledo Bend...LOL, just my two cents that's 100 million worth of deriatives?