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Re: maekuz post# 206553

Friday, 06/04/2010 12:18:14 PM

Friday, June 04, 2010 12:18:14 PM

Post# of 730485
It fails to take into account the tens and tens and tens and tens of billions of dollars in capital JPM had to raise in order to absorb the WaMu portfolio among other things.

Oh, I'm sure he's right and the market is wrong because "the market doesn't understand the "awesome power" of bankruptcy" , like many like to claim.

Numbers don't lie, people do.

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