Another major U.S bank is BROKE!, page-6

  1. 506 Posts.
    Banc of America huh?
    not one i expected

    thought this would interest as well

    J.P. Morgan to host investor call to discuss its shares (JPM) By Tomi Kilgore

    J.P. Morgan Chase (JPM) said it would host a conference call for investors at 9:00 a.m. ET Wednesday to discuss the recent pressure on its stock. The stock slumped $4.44, or 18 percent, to $20.08 on Tuesday amid U.S. Senate discussions over the role the firm played in financing Enron and other large corporations. The stock had hit an intraday low of $19.80, the first time below the $20 level since January 1996.



    can you lend me $1 so i can leverage into $500? (ok probably a bit more $600-700 now)
    your a very dumb person if you would do that in a BEAR market
    LTCM failed with about $1 for $150 in derivatives



    The JPM Derivatives Monster

    JPM Derivatives Monster Grows

    they'll say everything is fine but is it really?
 
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