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radiumsoup

09/01/11 1:58 PM

#332891 RE: wangwang #332887

JPMC is widely thought to be insolvent, practically speaking

Suddenly having $100B less would be an enormous hit. Staggering. I don't know if the magic number for making them actually insolvent is $100B, I kinda pulled that number out of my butt - as I said earlier, there is a magic number associated with taking down JPMC. My WAG says it's in the ballpark of $100B, but it could be more... I hope it is, because that would mean they're stronger than I thought and could handle the hit, but I'm quite worried about bringing them down when they don't need to be. (or, at least in a manner that needn't be - I still want them broken up into at least 5 separate companies.)