That is a simply amazing report,Orca.....when the numbers with the B and T start coming out like that, it is nothing other than scary.....as I said many times in the past,allowing these big banks 100:1 leverage in commodities will eventually be a back breaker......I feel sorry not at all for any of these crooks....it is not many years ago that I saw for the first time, an institution show 1 billion in profits, at that time I said that is totally outrageous and no economies can survive when it allows huge instutions to leverage at 4, 5 and as high as 7 to 1 positions....then almost overnight it became 30:1 at almost every little financial instution with a few dollars on deposit, but 100:1 in commodities is beyond imagination,and it looks like JPM is far greater than that.....my god, do they even have board members there that know how much a Trillion is, or does it really matter..could thier next bonus be in the billions....just hope some judge can tie up any funds they do have before its to late....looks like its 100:1 as big as Lehmans even....as I see it...
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P.S HL hope you still have your SGCP...
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