JP Morgan's Cash Dwindles by 1/2 in Last Year, And Cash Loss is Accelerating

[Bigpipn]

Lol this coming from the same guy who warned us of an "FX Disclocation" on a 2cent move on the Euro 6-8 months ago.

Edit: Here it is! http://market-ticker.org/archives/801-RED-ALERT-FX-Dislocation-In-Process.html

Excuse me 150 pips lollll

Wonder what he calls the 3cent move on cable this morning?

 

[ASusilovic]

Quote from Martinghoul:

Yeah, sure, JP's cash position is getting worse... I guess that's why they've been offering term cash aggressively in the unsecured mkt for the last few months.

I don't believe it for a second...

BLSH, can you please make sure to differentiate in the title of your posts whether it's factual or just some mad speculation by random people?

Confirmed. JPM has been lender of last resort in the last couple of months.

 

[KINGOFSHORTS]

I still get all these 0% offers or 3.99% offers

From Chase and Discovery.


So what gives, I am getting fixed 0% offers from Chase (12 month fixed use for transfers etc or for charging)

and you also get chase doing the 30% shit.

 

[PAPA ROACH]

I too am getting these 0% and 1.99% deals from chase on transfers.

The true rate is higher, they have a 3% transfer fee, so you get dinged up front on that.

 

[krazykarl]

JP Dimon is flush with cash. This is another OP-ED piece.