More on HERDING from deadbroke's collection .......
Remember the sub-prime mortgage disasters? Hehehehehehehe, they're at it again and this time in spades .....
Bloomberg headline (2/23):
"JPMorgan Places $72 Billion Bet on Global Homeowners"
JPMorgan Chase & Co...has more than tripled its holdings of mortgage securities without U.S. government guarantees to $72 billion as the nation’s biggest bank bets on borrowers from outside the country it calls home.
...The bank has primarily been adding debt from outside the U.S., including bonds tied to U.K. and Dutch mortgages...
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deadbroke's sorem song for the TURN .....
When the music's over, cancel my subscription to the resurrection, send my credentials to the House of Detentiion
The Doors 08 When the music's over Absolutely Live - YouTube
Remember the sub-prime mortgage disasters? Hehehehehehehe, they're at it again and this time in spades .....
Bloomberg headline (2/23):
"JPMorgan Places $72 Billion Bet on Global Homeowners"
JPMorgan Chase & Co...has more than tripled its holdings of mortgage securities without U.S. government guarantees to $72 billion as the nation’s biggest bank bets on borrowers from outside the country it calls home.
...The bank has primarily been adding debt from outside the U.S., including bonds tied to U.K. and Dutch mortgages...
--------------------------------
deadbroke's sorem song for the TURN .....
When the music's over, cancel my subscription to the resurrection, send my credentials to the House of Detentiion
The Doors 08 When the music's over Absolutely Live - YouTube