Explain: how does JPM lose $2bil b/c of one fucking division of
| ..,,,......;;...,,...,....;.......,,,,,,,,,, | 05/12/12 | | " " " " | 05/12/12 | | .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,. | 05/12/12 | | .,.,,.,.....,.,..,.,., | 05/12/12 | | MrJackson | 05/12/12 | | .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,. | 05/12/12 | | The God of Tits and Wine | 05/12/12 | | .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,. | 05/12/12 | | DrakeMallard | 05/12/12 | | The God of Tits and Wine | 05/12/12 | | DrakeMallard | 05/12/12 | | The God of Tits and Wine | 05/12/12 | | DrakeMallard | 05/12/12 | | The God of Tits and Wine | 05/12/12 | | .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,. | 05/12/12 | | The God of Tits and Wine | 05/12/12 | | .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,. | 05/12/12 | | DrakeMallard | 05/12/12 | | The God of Tits and Wine | 05/12/12 | | ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;, | 05/12/12 | | LathamTouchedMe | 05/12/12 | | ..,,,......;;...,,...,....;.......,,,,,,,,,, | 05/12/12 | | LathamTouchedMe | 05/12/12 | | ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,. | 05/12/12 | | ........... ............ ............ | 05/12/12 | | bud | 05/12/12 | | climbing kike mountain | 05/12/12 | | ,,,...,,......,,.... | 05/12/12 | | Full-Blown AIDs | 05/12/12 |
Poast new message in this thread
Date: May 12th, 2012 7:06 PM Author: ..,,,......;;...,,...,....;.......,,,,,,,,,,
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 7:20 PM Author: .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.
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) |
 |

Date: May 12th, 2012 7:24 PM Author: .,.,,.,.....,.,..,.,.,
those are not their assets, friend.
(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678484) |
 |

Date: May 12th, 2012 7:29 PM Author: .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.
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) |
 |

Date: May 12th, 2012 7:27 PM Author: .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.
Huh?
"Total Assets 2,265,792,000"
(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678512) |
 |

Date: May 12th, 2012 7:31 PM Author: .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.
...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) |
 |

Date: May 12th, 2012 7:33 PM Author: .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.
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) |
 |

Date: May 12th, 2012 8:05 PM Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
holy shit, that is next-level retarded
(http://www.autoadmit.com/thread.php?thread_id=1947144&forum_id=2#20678780) |
 |

Date: May 12th, 2012 7:25 PM Author: ..,,,......;;...,,...,....;.......,,,,,,,,,,
*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) |
 |

Date: May 12th, 2012 7:59 PM Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.
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) |
|
|