JP Morgan can have as much money from the FED as it needs. In fact, now that the FED has opened the emergency window to all the big broker dealers, all of the big Wall Street Firms can get every dime they need to do whatever they want. You have to admit, there would be an easy few million dollars made by shorting this worn out fake dividend story. It could help put a few dollars in the hands of the big firms because we all know where this is headed in the end, don't we?
Maybe it could be Stephen Lumb's contribution to helping the big firms make up for shortfalls in the subprime mortgage sector. He buys, JPM shorts. In the end, the money goes from his hands to JPM's which helps restore liquidity to our banking system. It would be the first thing the guy has ever done in his life to help build something for the good. After all, he is a billionaire (right? lol) and probably wouldn't miss the 50 or so million he would lose, but it would save our taxpayers the money. Good thing all the way around.
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