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To: benwood who wrote (96747)4/20/2009 7:58:42 PM
From: Paul Kern  Respond to of 116555
 
THE quarter for banks to posts profits "at any cost" in order to suck in many billions more on the backs of temporarily elevated stock prices. I do not think they can pull this fast one for two quarters.

The smoke and mirrors continue and every quarter they need to put more away against bad loans and bad securities.



To: benwood who wrote (96747)4/20/2009 8:16:36 PM
From: ggersh  Respond to of 116555
 
Here,Jamie Dimon will tell you why. <G>

huffingtonpost.com