thats 78% off the JO carry written off.....
per Jun24 qtrly:
per Jun23 qtly:
its dropped only -3.9bn (-9.5%) since last year.....
so why are they writing off 78%!!!
key client risk? they know a heavy client is bailing? internal issues there? SP has been drifting lower even with a partial $2.1bn t/o........
those in the know, bailing/shorting, as usual.....
Ann: Non-cash impairment, page-8
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