大摩虧損:遠不止$2 billion

來源: 2012-05-13 04:53:02 [博客] [舊帖] [給我悄悄話] 本文已被閱讀:

美聯儲大概會拯救大摩,隻是,最終損失的,將不僅僅隻是錢而已。

And if you have overweight derivative positions in one direction (in this case credit default swaps) , you can make a killing or you can get punished fast and furious. He did the latter.

And since the bank allegedly - for now - can’t close the positions (they would move the market against JPM's positions, so JPM's doomed if they do and damned if they don't), there may be a whole lot more to come.

"... the final tally may be many times higher than the $2 billion announced...."

Read more: http://theautomaticearth.org/Finance/jpmorgan-a-tale-of-whales-and-sharks.html#ixzz1ukX3sQ6M