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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?
..,,,......;;...,,...,....;.......,,,,,,,,,,  05/12/12
They zigged when they should have zagged, ostensibly
" " " "  05/12/12
They hold over 2 trillion in assets. Small fluctuations can ...
.,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.  05/12/12
those are not their assets, friend.
.,.,,.,.....,.,..,.,.,  05/12/12
...
MrJackson  05/12/12
Whatever they are, decline in their value counts as a loss f...
.,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.  05/12/12
correct me if I'm wrong, but you're wrong: http://finance.y...
The God of Tits and Wine  05/12/12
Huh? "Total Assets 2,265,792,000"
.,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.  05/12/12
uhhh yeah they have over 2 trillion in assets "all n...
DrakeMallard  05/12/12
that's insane! that's 1/5 of our GDP!
The God of Tits and Wine  05/12/12
You're comparing a stock with a flow
DrakeMallard  05/12/12
Xplain
The God of Tits and Wine  05/12/12
http://en.wikipedia.org/wiki/Stock_and_flow
DrakeMallard  05/12/12
tyty
The God of Tits and Wine  05/12/12
...but it's only a tiny fraction of our total assets. Their ...
.,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.  05/12/12
what are our total assets
The God of Tits and Wine  05/12/12
No idea where you'd find that data, but even just the balanc...
.,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.  05/12/12
http://en.wikipedia.org/wiki/Financial_position_of_the_Unite...
DrakeMallard  05/12/12
tyty
The God of Tits and Wine  05/12/12
holy shit, that is next-level retarded
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/12/12
Job creators have to take risks sometimes. That's what make...
LathamTouchedMe  05/12/12
*loses trillions of dollars on a 'necessary' risk* *seeks...
..,,,......;;...,,...,....;.......,,,,,,,,,,  05/12/12
The banks were forced to accept the bailout just as they wer...
LathamTouchedMe  05/12/12
brother, you're a fucking moron. last quarter, BoA, GS, etc,...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  05/12/12
you realize he was flame, right?
........... ............ ............  05/12/12
just make some excels sheets and let it do what it do
bud  05/12/12
fucktard senior people taking risks they don't understand
climbing kike mountain  05/12/12
HOW COULD ARE GOVT ALLOW THIS? (libtard)
,,,...,,......,,....  05/12/12
Credited explanation: http://dealbreaker.com/2012/05/the-t...
Full-Blown AIDs  05/12/12


Poast new message in this thread



Reply

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)



Reply

Date: May 12th, 2012 7:07 PM
Author: " " " "

They zigged when they should have zagged, ostensibly

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



Reply

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)



Reply

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)



Reply

Date: May 12th, 2012 7:25 PM
Author: MrJackson



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



Reply

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)



Reply

Date: May 12th, 2012 7:25 PM
Author: The God of Tits and Wine

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

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)



Reply

Date: May 12th, 2012 7:28 PM
Author: DrakeMallard

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

Date: May 12th, 2012 7:30 PM
Author: The God of Tits and Wine

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

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



Reply

Date: May 12th, 2012 7:31 PM
Author: DrakeMallard

You're comparing a stock with a flow

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



Reply

Date: May 12th, 2012 7:32 PM
Author: The God of Tits and Wine

Xplain

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



Reply

Date: May 12th, 2012 7:34 PM
Author: DrakeMallard

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

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



Reply

Date: May 12th, 2012 7:42 PM
Author: The God of Tits and Wine

tyty

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



Reply

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)



Reply

Date: May 12th, 2012 7:31 PM
Author: The God of Tits and Wine

what are our total assets

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



Reply

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)



Reply

Date: May 12th, 2012 7:33 PM
Author: DrakeMallard

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

Date: May 12th, 2012 7:42 PM
Author: The God of Tits and Wine

tyty

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



Reply

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)



Reply

Date: May 12th, 2012 7:22 PM
Author: LathamTouchedMe

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

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)



Reply

Date: May 12th, 2012 7:31 PM
Author: LathamTouchedMe

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

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)



Reply

Date: May 12th, 2012 9:36 PM
Author: ........... ............ ............

you realize he was flame, right?

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



Reply

Date: May 12th, 2012 7:29 PM
Author: bud

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

Date: May 12th, 2012 7:44 PM
Author: climbing kike mountain

fucktard senior people taking risks they don't understand

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



Reply

Date: May 12th, 2012 8:03 PM
Author: ,,,...,,......,,....

HOW COULD ARE GOVT ALLOW THIS? (libtard)

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



Reply

Date: May 12th, 2012 9:45 PM
Author: Full-Blown AIDs

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)