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Peering Over J.P. Morgan's Hedges

Wall Street Journal Original article ›

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David Reilly points out that using the regulatory figures JP Morgan had exposure to Italy of $87.5 billion, to Spain of $57.5 billion, and an exposure of $390 billion for France, Germany and the Netherlands. This is as of Dec. 2011. This is higher than the netted figures given out by the bank. In his chairman's letter Dimon showed bank exposure to Portugal, Ireland, Italy, Greece and Spain of about $15 billion with potential loss in a bad situation of $3 billion. This is if portfolio hedges work. If for some reason they did not work as anticipated, the losses could be much higher.

JP Morgan Chase bank's exposure in Europe, hedges and potential losses with a bad outcome

05/18/2012

Potential losses in the event of unanticipated outcomes in Greece, Ireland, Portugal, Spain and Italy.

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Peering Over J.P. Morgan's Hedges

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