Too Big To Learn A Lesson: JP Morgan Assfucks Itself

[PDH]

With a smart phone, and an etrade app?

She ain't baking if she is texting.

[MadImmortalMan]

Say it was a joint IRA with my wife, and we had agreed that we weren't going to speculate with our retirement money.

Umm. Then get it out of the IRA, because it's all speculation. 

Even holding a 100% cash position is speculative.

[The Brain]

Even holding a 100% cash position is speculative.

Racist.

[PDH]

Umm. Then get it out of the IRA, because it's all speculation. 

  Even I know his argument was about women and their being unfit to invest.

[CountDeMoney]

Jamie Dimon was on Meet The Press yesterday, bitching about the "criticism" Wall Street's been getting from the left the last couple years.  I thought it was adorable.

[Admiral Yi]

Jamie Dimon was on Meet The Press yesterday, bitching about the "criticism" Wall Street's been getting from the left the last couple years.  I thought it was adorable.

Amen.  Very apt quotation marks.

[CountDeMoney]

Jamie Dimon was on Meet The Press yesterday, bitching about the "criticism" Wall Street's been getting from the left the last couple years.  I thought it was adorable.

Amen.  Very apt quotation marks.

Of course you think it is.  After all, Wall Street has your interests at heart, Yi.  Yes, you specifically.

[Admiral Yi]

Of course you think it is.  After all, Wall Street has your interests at heart, Yi.  Yes, you specifically.

The difference between you and Raz is that after about six lines of identical diatribe you admit you're just making shit up whereas Raz ragesulks because I won't respond to his ossum question.

[CountDeMoney]

Of course you think it is.  After all, Wall Street has your interests at heart, Yi.  Yes, you specifically.

The difference between you and Raz is that after about six lines of identical diatribe you admit you're just making shit up whereas Raz ragesulks because I won't respond to his ossum question.

I pay no attention to Raz.  We may be in the same school, but he's in the class that eats lunch by itself and the short bus picks him up an hour earlier. 
I care not for his safety scissors and circles of paper.

[Admiral Yi]

I pay no attention to Raz.  We may be in the same school, but he's in the class that eats lunch by itself and the short bus picks him up an hour earlier. 
I care not for his safety scissors and circles of paper.

OK, three differences.

[DGuller]

Jamie Dimon was on Meet The Press yesterday, bitching about the "criticism" Wall Street's been getting from the left the last couple years.  I thought it was adorable.

Amen.  Very apt quotation marks.

I remember a couple of years ago, at the depths of the financial crisis, you seemed to do adopt a far more reasonable tone.  When did you revert to being a WSJ tool?

[CountDeMoney]

I remember a couple of years ago, at the depths of the financial crisis, you seemed to do adopt a far more reasonable tone.  When did you revert to being a WSJ tool?

Don't know what you've been smoking; Yi has always cast his lot with the Daddy Warbucks Free Market crowd.

[The Minsky Moment]

I did my own calculation based on an FT article that said the loss dropped JP Morgan's capital from 8.4% to 8.2% and came up with $791 loss on 32K.

The calc is based on the publicly revealed size of the portfolio which is $360 billion (so it really should have been a 36K IRA).
It's very difficult to try to back in through the capital % because of all the weirdness involved in risk-weighted captial measures.

[The Minsky Moment]

Say it was a joint IRA with my wife, and we had agreed that we weren't going to speculate with our retirement money. If she then announced a $200 speculative loss, I would be concerned.

And your wife responds - but I wasn't really doing speculative trading, and when I told you what I was doing 2 months ago, you didn't complain out about it then.

[HVC]

Say it was a joint IRA with my wife, and we had agreed that we weren't going to speculate with our retirement money. If she then announced a $200 speculative loss, I would be concerned.

And your wife responds - but I wasn't really doing speculative trading, and when I told you what I was doing 2 months ago, you didn't complain out about it then.

sounds just like a woman