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View Diary: UPDATE: I think Jamie Dimon believes he'll get another bailout & that is why he is betting BIG again (92 comments)

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  •  For those who think JPM doesn't effect them yet (1+ / 0-)
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    If you have a 401K or a pension plan there's a very good chance JPM has impact on your personal finances.

    They have now lost $18 billion in market cap. The stock lost another 2%+ today and continues to fall in after hours trading.

    In other news, the European Central Bank stopped loaning to some Greek banks today. That's said to increase the probability that Greece will leave the EU.

    How exposed is JPM?

    Others have simply gotten old. I prefer to think I've been tempered by time.

    by Just Bob on Wed May 16, 2012 at 01:44:32 PM PDT

    •  "I've Never Really Seen One, But That Sure (2+ / 0-)
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      Just Bob, Cliss

      looks like a bank run".

      Cab driver to George Bailey in "It's A Wonderful Life".

      Greeks are pulling their Euros out of Greek banks... they of course don't want to return to the drachma, but they don't want austerity, either.


      "I don't feel the change yet". Velma Hart

      by Superpole on Wed May 16, 2012 at 02:05:23 PM PDT

      [ Parent ]

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