JPMorgan Archive

Major Banks Likely to Get Reprieve on New Capital Rules

The real problem is if you understand what a bank is, you wouldn’t be trying to use capital ratios to protect taxpayer money. First, notice that the many of the same people clamoring for higher capital ratios have also supported ‘nationalization’ of banks, which means there is no private capital. So it ...Read More

Business Wire: JPMorgan Chase and NY Fed

Similar to the beginning of the end of the 1998 crisis when D bank bot Banker’s Trust when BT couldn’t fund itself, and then D bank funded Lehman and other dealers in a similar position to where Bear was yesterday. Back then it happened after a three 25bp fed rate cuts. This ...Read More