[the invisib1e hand]

hunh. I had to double check the date on this. I'm sure I expressed marvel that JPM had managed to be a Citi clone without suffering Citi's fate. But that was a long time ago and I gave up on it.

I have a feeling that the Obama admin will say, "drop dead, Jamie!" and that means that Tim can parcel it up to his buddies like they did with Bear.

[tcrlaf]

“I have a feeling that the Obama admin will say, “drop dead, Jamie!””

This is LOSE-LOSE for Obama, no matter which way it goes.

The FED tried has tried to postpone the crash, and to prop things past the election. Doesn’t look like, tonight anyway, that it’s going to work out that way.