JP Morgan Share Discussion Threads

[alsfar] 15/2/2002 14:12

Today's Daily Telegraph business news - 'Tyco fears rock Morgan bosses'



You may has to register (free) to read article. The gist is...

"...JP Morgan seems the most vulnerable of all the Wall Street banks to Tyco, with analysts suggesting an exposure of between $700m and some $1 billion in unsecured credit...Wall Street is increasingly nervous about JP Morgan's exposure to Enron and the financial crisis in Argentina. It has already written off $350m for Argentine loans..."

[alsfar] 11/2/2002 00:14

Since JPM and Chase 'merged', they are now (at least in theory) a single entity. However, I know from experience that Chase were (and still are) very big players in FX (including all the FX derivatives that you can possibly think of). Does the 'gold derivatives' side of the business mainly originate from JPM? Presumably that business and the FX business must have synergies? How much autonomy does JPM have these days (from Chase)? After all, Chase is also a huge (sleepy?) retail bank. I'm just wondering if the left hand always knows what the right hand is doing. Interesting times ahead.

[mr ashley james] 10/2/2002 18:20

Wonging,

Well if the DOW is going down, this is bound to be going down the Ladies Room!



Cheers

Ashley

[wonging] 10/2/2002 13:42

very interesting read, seems now that going long gold could be a very wise move, they seem to agree in japan i notice :-)

[ahkeen] 10/2/2002 12:04

Ashley,

Very interesting link, anyone intrerested in shares, gold, or even politics should read it.

Andy.

[pmeas] 10/2/2002 02:48

Right o catch you some other time.

[mr ashley james] 10/2/2002 02:43

pmeas

Yes but feeling a bit "duvetish"

Cheers

Ashley

[pmeas] 10/2/2002 02:40

ASHLEY you still on

[mr ashley james] 10/2/2002 01:44

Akheen,

Indeed and please read Crystal Clear's excellent research on both Gold Conspiracy Theory and The Really Useful Gold Thread.

Have a good weekend

Cheers

Ashley

[mr ashley james] 09/2/2002 20:24

Now let us see how these guys fair from Enron Collapse plus their Gold derivatives book.

Best regards

Ashley