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Zeno
07-01-2004, 03:18 PM
This merger/buy out was obviously approved. Bank Buy Out (http://seattletimes.nwsource.com/APWires/headlines/D83I3C580.html)

And J.P. Morgan bought or merged with Chase not too long ago. Does this end?


Trillion Dollar Banks? Even given the fact that they probably bloat the figures for propaganda this makes J.P. Morgan Chase a monster. They have more money than many small countries!

It this bank worth robbing?

It this anything investers need to be concerned about?

-Zeno

GeorgeF
07-01-2004, 04:20 PM
As central banks create more money. and devalue the old money, more money will collect in banks like Citi. A trillion dollars is not as much as it used to be.

JP Morgan does alot with derivatives and that has caused problems in the past.

I worry about government agencies like Fannie mae and Freddie Mac, Sallie Mae, Farmer Mac and the others.