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To: Dialup Llama
Better read the article if you don't think it compared JPM's derivative position to the rest of the industry
7 posted on 07/28/2002 3:33:19 PM PDT by steve50
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To: steve50
>Better read the article if you don't think it compared JPM's derivative position to the rest of the industry

It compared JPM to ALL other banks not to other banks like JMP which use derivatives. Some banks don't use them that much.

12 posted on 07/28/2002 3:51:18 PM PDT by Dialup Llama
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To: steve50
Read Jim Grant who is an excellent financial journalist regarding credit and banking. His articles are extremely detailed with a good understanding of markets and history.

http://www.grantspub.com/

16 posted on 07/28/2002 4:17:58 PM PDT by Dialup Llama
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