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Explain: how does JPM lose $2bil b/c of one fucking division of

one, non-NYC office over the course of a couple weeks?
Gold clown turdskin
  05/12/12
They zigged when they should have zagged, ostensibly
frum preventive strike persian
  05/12/12
They hold over 2 trillion in assets. Small fluctuations can ...
Emerald mediation
  05/12/12
those are not their assets, friend.
iridescent range azn
  05/12/12
...
Aromatic Masturbator Halford
  05/12/12
Whatever they are, decline in their value counts as a loss f...
Emerald mediation
  05/12/12
correct me if I'm wrong, but you're wrong: http://finance.y...
Olive Slippery Degenerate Abode
  05/12/12
Huh? "Total Assets 2,265,792,000"
Emerald mediation
  05/12/12
uhhh yeah they have over 2 trillion in assets "all n...
Big-titted boyish stage
  05/12/12
that's insane! that's 1/5 of our GDP!
Olive Slippery Degenerate Abode
  05/12/12
You're comparing a stock with a flow
Big-titted boyish stage
  05/12/12
Xplain
Olive Slippery Degenerate Abode
  05/12/12
http://en.wikipedia.org/wiki/Stock_and_flow
Big-titted boyish stage
  05/12/12
tyty
Olive Slippery Degenerate Abode
  05/12/12
...but it's only a tiny fraction of our total assets. Their ...
Emerald mediation
  05/12/12
what are our total assets
Olive Slippery Degenerate Abode
  05/12/12
No idea where you'd find that data, but even just the balanc...
Emerald mediation
  05/12/12
http://en.wikipedia.org/wiki/Financial_position_of_the_Unite...
Big-titted boyish stage
  05/12/12
tyty
Olive Slippery Degenerate Abode
  05/12/12
holy shit, that is next-level retarded
cowardly bat-shit-crazy travel guidebook
  05/12/12
Job creators have to take risks sometimes. That's what make...
bisexual nursing home
  05/12/12
*loses trillions of dollars on a 'necessary' risk* *seeks...
Gold clown turdskin
  05/12/12
The banks were forced to accept the bailout just as they wer...
bisexual nursing home
  05/12/12
brother, you're a fucking moron. last quarter, BoA, GS, etc,...
black unholy sandwich area
  05/12/12
you realize he was flame, right?
Appetizing Deer Antler Stage
  05/12/12
just make some excels sheets and let it do what it do
Onyx mind-boggling voyeur
  05/12/12
fucktard senior people taking risks they don't understand
odious massive business firm chad
  05/12/12
HOW COULD ARE GOVT ALLOW THIS? (libtard)
Mahogany Goyim Puppy
  05/12/12
Credited explanation: http://dealbreaker.com/2012/05/the-t...
poppy arousing jew boltzmann
  05/12/12


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Reply Favorite

Date: May 12th, 2012 7:06 PM
Author: Gold clown turdskin

one, non-NYC office over the course of a couple weeks?

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678350)



Reply Favorite

Date: May 12th, 2012 7:07 PM
Author: frum preventive strike persian

They zigged when they should have zagged, ostensibly

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678357)



Reply Favorite

Date: May 12th, 2012 7:20 PM
Author: Emerald mediation

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)



Reply Favorite

Date: May 12th, 2012 7:24 PM
Author: iridescent range azn

those are not their assets, friend.

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678484)



Reply Favorite

Date: May 12th, 2012 7:25 PM
Author: Aromatic Masturbator Halford



(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678497)



Reply Favorite

Date: May 12th, 2012 7:29 PM
Author: Emerald mediation

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)



Reply Favorite

Date: May 12th, 2012 7:25 PM
Author: Olive Slippery Degenerate Abode

correct me if I'm wrong, but you're wrong:

http://finance.yahoo.com/q/bs?s=JPM+Balance+Sheet&annual

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678492)



Reply Favorite

Date: May 12th, 2012 7:27 PM
Author: Emerald mediation

Huh?

"Total Assets 2,265,792,000"

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678512)



Reply Favorite

Date: May 12th, 2012 7:28 PM
Author: Big-titted boyish stage

uhhh yeah they have over 2 trillion in assets

"all numbers in thousands"

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678517)



Reply Favorite

Date: May 12th, 2012 7:30 PM
Author: Olive Slippery Degenerate Abode

that's insane! that's 1/5 of our GDP!

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678528)



Reply Favorite

Date: May 12th, 2012 7:31 PM
Author: Big-titted boyish stage

You're comparing a stock with a flow

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678531)



Reply Favorite

Date: May 12th, 2012 7:32 PM
Author: Olive Slippery Degenerate Abode

Xplain

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678538)



Reply Favorite

Date: May 12th, 2012 7:34 PM
Author: Big-titted boyish stage

http://en.wikipedia.org/wiki/Stock_and_flow

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678555)



Reply Favorite

Date: May 12th, 2012 7:42 PM
Author: Olive Slippery Degenerate Abode

tyty

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678591)



Reply Favorite

Date: May 12th, 2012 7:31 PM
Author: Emerald mediation

...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)



Reply Favorite

Date: May 12th, 2012 7:31 PM
Author: Olive Slippery Degenerate Abode

what are our total assets

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678536)



Reply Favorite

Date: May 12th, 2012 7:33 PM
Author: Emerald mediation

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)



Reply Favorite

Date: May 12th, 2012 7:33 PM
Author: Big-titted boyish stage

http://en.wikipedia.org/wiki/Financial_position_of_the_United_States

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678552)



Reply Favorite

Date: May 12th, 2012 7:42 PM
Author: Olive Slippery Degenerate Abode

tyty

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678588)



Reply Favorite

Date: May 12th, 2012 8:05 PM
Author: cowardly bat-shit-crazy travel guidebook

holy shit, that is next-level retarded

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678780)



Reply Favorite

Date: May 12th, 2012 7:22 PM
Author: bisexual nursing home

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)



Reply Favorite

Date: May 12th, 2012 7:25 PM
Author: Gold clown turdskin

*loses trillions of dollars on a 'necessary' risk*

*seeks bailout from government*

*is a job creator*

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678500)



Reply Favorite

Date: May 12th, 2012 7:31 PM
Author: bisexual nursing home

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)



Reply Favorite

Date: May 12th, 2012 7:59 PM
Author: black unholy sandwich area

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)



Reply Favorite

Date: May 12th, 2012 9:36 PM
Author: Appetizing Deer Antler Stage

you realize he was flame, right?

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20679405)



Reply Favorite

Date: May 12th, 2012 7:29 PM
Author: Onyx mind-boggling voyeur

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)



Reply Favorite

Date: May 12th, 2012 7:44 PM
Author: odious massive business firm chad

fucktard senior people taking risks they don't understand

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678605)



Reply Favorite

Date: May 12th, 2012 8:03 PM
Author: Mahogany Goyim Puppy

HOW COULD ARE GOVT ALLOW THIS? (libtard)

(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678759)



Reply Favorite

Date: May 12th, 2012 9:45 PM
Author: poppy arousing jew boltzmann

Credited explanation:

http://dealbreaker.com/2012/05/the-tale-of-a-whale-of-a-fail/



(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20679448)