Thread: The Depression of 2008
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Old 03-16-2008, 05:49 PM
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Default The Depression of 2008
Posted By: LetsGoBucs

That values the firm at $250 ~ Million. Heck their building is worth more than that.

The fed will also kick in 30 Billion to Morgan to protect against the mortgage book they inherit.

It will be interesting, if 30 Billion will cover the exposure then JP Morgan stock is dirt cheap....if not we could be in for a whole lot of hurt.

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