Comments on: Something Stinks in JP Morgan-ville http://bankimplode.com/blog/2008/04/17/something-stinks/ Wed, 23 Sep 2009 21:43:37 -0400 http://wordpress.org/?v=2.8.1 hourly 1 By: Bank-Implode! » Frenzy http://bankimplode.com/blog/2008/04/17/something-stinks/comment-page-1/#comment-585 Bank-Implode! » Frenzy Wed, 23 Apr 2008 15:19:51 +0000 http://bankimplode.com/blog/?p=141#comment-585 [...] Chase $6 billion via the stock [...] [...] Chase $6 billion via the stock [...]

]]> By: Brian Hall http://bankimplode.com/blog/2008/04/17/something-stinks/comment-page-1/#comment-542 Brian Hall Mon, 21 Apr 2008 20:01:36 +0000 http://bankimplode.com/blog/?p=141#comment-542 Chase has been able to hide losses until now. I would suggest that the main reason why they took on Bears was to hide future losses in Bear's financials. Not only can they blame heavy losses on them, but the Feds will be picking up anything over a billion if the terms of the buyout remain. Taking Enron accounting to the Nth degree! If it walks like a duck, looks like a duck, flies like a duck....shoot it! Chase has been able to hide losses until now. I would suggest that the main reason why they took on Bears was to hide future losses in Bear’s financials. Not only can they blame heavy losses on them, but the Feds will be picking up anything over a billion if the terms of the buyout remain.

Taking Enron accounting to the Nth degree! If it walks like a duck, looks like a duck, flies like a duck….shoot it!

]]> By: Bank-Implode! » JP Morgan Chase - $8.8B http://bankimplode.com/blog/2008/04/17/something-stinks/comment-page-1/#comment-465 Bank-Implode! » JP Morgan Chase - $8.8B Thu, 17 Apr 2008 11:02:45 +0000 http://bankimplode.com/blog/?p=141#comment-465 [...] Something Stinks [...] [...] Something Stinks [...]

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