JP Morgan has “plenty of capital,” thank you very much.
And if you people don’t stop talking about this nationalization thing, you are going to fuck the whole thing up for us. Someone should just rewrite Basel II, make a nice speech about it and get the hell out of our way. I mean seriously.
Plus, we are the only people lending (to our related entities). So enough with this “you better start lending again” crap. You going to come up here and make me?
Anyhow, are we done yet? I’ve got some skiing I’d like to do.
JP Morgan says has ‘plenty of capital’ [Reuters]
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Is this a reference to The Smiths?
If so, marry me EP
The difference here is that Dimon’s right. Bearpont Morgan Mutual still eked out a profit this past quarter, and Dimon has spent his tenure at the company (even before the present crisis started) building a “fortress balance sheet”. There are a number of decent plans in place within the company to streamline the operations of the post-merger company (cutting out redundant back/middle offices), and the company continues to play it safe with client funds. Assuming that Highbridge doesn’t blow up, JPM will be a survivor.
His interview with the money honey sounded like an infomercial interview.
He was actually referring to ‘the capitol’.
why is limbaugh on cnbc
Limbaugh has a strange resemblance to Martin Bormann, ja??
@3
From what I have heard they have over a trillion in derivatives exposure and bear sterns deal allowed them to put off reporting capital requirements for 2 years to hide their mess.
JP Morgan = TIME BOMB
@3
Thats one helluva assumption, no/