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fourdint

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fourdint

Re: NewTrader2017 post# 1179

Monday, 05/01/2023 5:50:42 AM

Monday, May 01, 2023 5:50:42 AM

Post# of 1461
No! JPM is taking over assets (+$200B ) and deposits (-$110b) but not shares or debt. Will have to hear detail but that looks to me like $90b profit for JPM??? Although I did read only $2B for JPM (and a 13B loss to FDIC). Eitherway, FRC common, preferred, and bonds now worthlsee and FRC is no more.
Bearish
Bearish

I'm not a financial advisor, THEREFOR, do not make any decisions, financial, investment or otherwise, based on any of the information, presented in any of my messages, WITHOUT undertaking independent due diligence and/or consulting a financial advisor.

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