tisdag 19 maj 2009

Theater of the Absurd: A View From the Inside

What this means folks, if institutions like J.P. Morgan are deemed to be integral to U.S. National Security - they could be "legally" excused from reporting their true financial condition.

Givet rådande marknads klimat, någon som tror att mer än 1.3% av JP Morgans utestående derivat stock kan hå gått negativ?

Derivat marknaden och den finansiella krisen
That means that if JP Morgan was exposed to just 1.3 percent of its outstanding derivative contracts, and things went wrong, it would be completely insolvent

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