Saturday, May 12, 2012

DailyMarkets.com - $2B Loss? What Went Wrong At JP Morgan?

DailyMarkets.com - $2B Loss? What Went Wrong At JP Morgan?


$2B Loss? What Went Wrong At JP Morgan?

Posted: 12 May 2012 05:32 AM PDT

What really happened at JP Morgan (NYSE:JPM) that a $2 billion loss could be racked up in supposedly the course of 6 weeks?
Little bit of octane in some of those positions, perhaps?
Did the brains within JP Morgan (NYSE:JPM) really know what they were doing? Did they make the same mistake as the brains at Long Term Capital Management in 1998? What mistake was that? 
They mispriced the cost and availability of liquidity to both enter and exit large unwieldy trades.
Was the black box utilized to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Facebook Offers Lifeline, Etch A Sketch On IPad?

Posted: 12 May 2012 05:00 AM PDT

05/12/12 Facebook will extend its suicide prevention outreach services to military families. Etcher can turn the Apple iPad into a working Etch A … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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