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Explain: how does JPM lose $2bil b/c of one fucking division of
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Date: May 12th, 2012 7:06 PM Author: 180 school one, non-NYC office over the course of a couple weeks? (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678350) |
Date: May 12th, 2012 7:07 PM Author: hilarious ticket booth immigrant They zigged when they should have zagged, ostensibly (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678357) |
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Date: May 12th, 2012 7:20 PM Author: confused institution They hold over 2 trillion in assets. Small fluctuations can mean huge losses. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678450) |
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Date: May 12th, 2012 7:24 PM Author: Kink-friendly deer antler those are not their assets, friend. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678484) |
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Date: May 12th, 2012 7:25 PM Author: Hyperactive Frum Property Faggot Firefighter (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678497) |
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Date: May 12th, 2012 7:29 PM Author: confused institution Whatever they are, decline in their value counts as a loss for JPM. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678523) |
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Date: May 12th, 2012 7:25 PM Author: Silver maniacal rigpig correct me if I'm wrong, but you're wrong: http://finance.yahoo.com/q/bs?s=JPM+Balance+Sheet&annual |
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Date: May 12th, 2012 7:27 PM Author: confused institution Huh? "Total Assets 2,265,792,000" |
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Date: May 12th, 2012 7:28 PM Author: charcoal supple wrinkle uhhh yeah they have over 2 trillion in assets
"all numbers in thousands" |
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Date: May 12th, 2012 7:30 PM Author: Silver maniacal rigpig that's insane! that's 1/5 of our GDP! (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678528) |
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Date: May 12th, 2012 7:31 PM Author: charcoal supple wrinkle You're comparing a stock with a flow (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678531) |
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Date: May 12th, 2012 7:32 PM Author: Silver maniacal rigpig Xplain (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678538) |
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Date: May 12th, 2012 7:34 PM Author: charcoal supple wrinkle http://en.wikipedia.org/wiki/Stock_and_flow (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678555) |
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Date: May 12th, 2012 7:42 PM Author: Silver maniacal rigpig tyty (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678591) |
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Date: May 12th, 2012 7:31 PM Author: confused institution ...but it's only a tiny fraction of our total assets. Their revenues are only 90 billion. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678532) |
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Date: May 12th, 2012 7:31 PM Author: Silver maniacal rigpig what are our total assets (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678536) |
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Date: May 12th, 2012 7:33 PM Author: confused institution No idea where you'd find that data, but even just the balance sheet assets of all public companies will be a huge number. That doesn't even count all private real estate, etc. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678549) |
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Date: May 12th, 2012 7:33 PM Author: charcoal supple wrinkle http://en.wikipedia.org/wiki/Financial_position_of_the_United_States (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678552) |
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Date: May 12th, 2012 7:42 PM Author: Silver maniacal rigpig tyty (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678588) |
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Date: May 12th, 2012 8:05 PM Author: scarlet zippy organic girlfriend halford holy shit, that is next-level retarded (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678780) |
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Date: May 12th, 2012 7:22 PM Author: buff set cuck Job creators have to take risks sometimes. That's what makes capitalism work. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678471) |
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Date: May 12th, 2012 7:25 PM Author: 180 school *loses trillions of dollars on a 'necessary' risk*
*seeks bailout from government*
*is a job creator* |
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Date: May 12th, 2012 7:31 PM Author: buff set cuck The banks were forced to accept the bailout just as they were forced to give mortgages to blacks and hispanics. The job creators get shitted on by our government. Sometimes at night I say a prayer for them while I read my favorite passage from the Bible (Matthew 5:5): Blessed are the job creators; for they shall inherit the earth. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678530) |
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Date: May 12th, 2012 7:59 PM Author: bateful iridescent parlour brother, you're a fucking moron. last quarter, BoA, GS, etc, made money trading on every day except for 1-2. think about that. they have a biz where they make money every day. the only way such a business can function over the long term is if there are also catastrophic losses every 5-10 years. its fundamentally corrupt. they think they're masters of the universe for making a consistent daily return, but thats only made possible by the massive losses they expose themselves too if things dont go as expected. (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678709) |
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Date: May 12th, 2012 9:36 PM Author: underhanded pistol base you realize he was flame, right? (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20679405) |
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Date: May 12th, 2012 7:29 PM Author: cruel-hearted gas station brethren just make some excels sheets and let it do what it do (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678525) |
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Date: May 12th, 2012 7:44 PM Author: At-the-ready macaca gunner fucktard senior people taking risks they don't understand (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678605) |
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Date: May 12th, 2012 8:03 PM Author: chestnut pervert HOW COULD ARE GOVT ALLOW THIS? (libtard) (http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678759) |
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Date: May 12th, 2012 9:45 PM Author: Olive area Credited explanation: http://dealbreaker.com/2012/05/the-tale-of-a-whale-of-a-fail/
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