Comment on What JP Morgan Chase Forgot About 2008

What JP Morgan Chase Forgot About 2008

1.?? JP Morgan Chase?s chief investment office accumulated a huge bet? maybe $100 billion? in a so-called ?weapon of mass destruction??? (as in self-destruct) in a very risky credit default swap contract that was a bet on corporate credits improving despite a soft economy? a kissing cousin to the credit default swaps in mortgage backed ...

 

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