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Post# of 730760
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rramirez82

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rramirez82

Re: baldeagle1 post# 85966

Monday, 08/10/2009 4:59:58 PM

Monday, August 10, 2009 4:59:58 PM

Post# of 730760
That is great. Consider this disclosure to be JPM's caution to shareholders as it foresees settlement in the very near future.

"there is no assurance that the ultimate resolution of these matters will not significantly exceed the reserves currently accrued by the Firm"

An "ultimate resolution" seems to me like incogneto wording for a "global settlement" and the cost of resolution, as disclosed by JPM, is going to be very favorable to us.

I'm at my post limit for the day. Good luck everyone and see you all tomorrow.

MAKINGMOVES

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