Sunday, March 16, 2008

A Pat On the Back?

http://credoip.blogspot.com/2007/11/i-am-not-bottom-fishing-on-financials.html

I said I was skeptical then, do you believe me now?

LOL, granted I'm only 1 out of millions out there who believed this sh** wasn't over.

http://biz.yahoo.com/ap/080316/jpmorgan_bear_stearns.html

JP Morgan pulled the biggest bank robbery in the century. Kudos to Jamie Dimon. Because of his and the company's conservative strategy, which now helped to bank to reserve enough capital for strategic acquisition. JPM is in fact, being run like a distressed hedge fund, except it has many other less risky businesses. The Bear Sterns acquisition and TGT credit business will bring JPM a good chunk of profit in the future. Jamie Dimon, in my book, is the best trader of 2008.

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