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To: Kartographer

in 2008 the big crack up in the fall was preceded by some small crack ups in the spring.

so far this year we’ve had corzine’s company lose 1 billion and jpmorgan lose 3 billion.

if the pattern holds true to form there will be some bigger wall st losses in the fall.


19 posted on 05/22/2012 10:30:53 PM PDT by ckilmer
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To: ckilmer

It isn’t just 3 billion.

Zero Hedge who call JPM on this before it got out says its more likely between 8 up to 30 BILLION!

http://www.freerepublic.com/focus/f-bloggers/2886691/posts

http://www.zerohedge.com/news/8bn-loss-or-was-jpmorgan-unhedged-long-and-wrong-post-ltro2


21 posted on 05/23/2012 2:46:41 AM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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