JP Morgan, which is currently the second largest bank in the United States in terms of assets, will transfer some illiquid securities back to Lehman that have a face value of about $9 billion which it is holding as collateral, according to a new court filing made in New York yesterday.
ILLIQUID..LMAO !!!...hm maybe sure worth something ??? My take is that JPM maybe have bought enough shares during naked shorting covering in gazillion unknown offshore accounts to cash them out huge one day LOL...VOLAITY...CORRUPT PIGS LOL !!!!!!!!!!!!!!!
OOPS we have some wealth in those illiquid assets suddenly...hm...sure lotto but who knows..LOL !!!!
Longterm Investment, Biotechs & High Yield Dividend Stocks ...#board-11828
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