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08/24/09 5:36 PM

#220051 RE: iconoclassic #220045

Well apparently JPM was pumping 'risky subprime' today:

and i think this is what got financials rolling before Bove took the wind out of the sails.

But the whole game is pretty orchestrated imo.

JPM statement is like an alcoholic in the middle of an AAA meeting claiming to discover that taking more alcohol is really the cure to his illness

JPMorgan moves to 'overweight' risky subprime RMBS
Mon Aug 24, 2009 2:58pm EDT


http://www.reuters.com/article/marketsNews/idUSN2414587620090824