Paul: This is not the first time I have seen this theory..
So JPMC is Equity's best friend? Maybe had something to do with its creation?
JD: Said yesterday that the FDIC is going to cost the firm a "great deal" of money. What did he mean, other than the FDIC is
1. Going to renegotiate the P&A if SJ is awarded to WMI. 2. The FDIC is going to make JPM pay FV (Fair Value) for the banks 3. JPM is going to pick up the tab for settlement, because the FDIC has publicly said "they're broke!"
Could be all 3!
~Fish~
Please do not invest in this stock because of what I say, you must do your own DD and make decisions based on your knowledge, NOT MINE!