How's their balance sheet? Thought you would never ask! Have you ever heard of counterparty risk...its waiting for the perfect moment to trigger the next shoe to drop. Right on-time! By-the-way, who do you think is one of the largest counterparties on the other side of the JPM 79 trillion ponzi scheme derivatives book? You guess right if you said Deutsche Bank. European banks are in trouble and so are the US counterparts...lets see what Bernake can come up with this time.
How NOT to Invest’s 10 Most Important Ideas
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The paperback of “How NOT to Invest” drops this week; to celebrate,
this whole week I am running various stories and excerpts about the book…
The TL:...
16 hours ago
