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Civil War General

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Civil War General

Re: dmceng post# 269486

Sunday, 01/09/2011 6:43:17 PM

Sunday, January 09, 2011 6:43:17 PM

Post# of 732570
JPMC immediately merged with WMBfsb taking $29 Billion.

They had to, this was a big reason for the rush. JPMC's Credit Default Swaps and other unregulated derivative securities were eating them alive. They are still underwater, but they have muddied it up so we can't see as well.
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