$$ JESUS Flores $$

[Gekko]

An MRI on Wilson Ramos' right knee has revealed a torn ACL. Gone for the year. Flores is a guy who could crack 15 hr at a weak catching position. Hmmmmm....with all the closers available this week and a bona fide power hitting FULL TIME catcher available, it easy to spend a lot of faab this week. go hard or go home!

[Gekko]

we all have to figure the ramos owners will be DESPERATE given the news. i wonder how many ramos owners are gonna get stung with missing out on Flores because they think they can get him for sub triple digits?

[Outlaw]

we all have to figure the ramos owners will be DESPERATE given the news. i wonder how many ramos owners are gonna get stung with missing out on Flores because they think they can get him for sub triple digits?

like all your brethren on Wall Street Gordon, You just love risking other peoples money...LOL Jamie Dimon and his 2 Billion dollar loss this week has nothing on you....

But to be fair and put it in context, see the below

If the bankers make huge bets and they lose, then the federal government uses taxpayer money to clean up the mess.
Under those kind of conditions, why not bet the farm?
Sadly, most Americans do not even know what derivatives are.
Most Americans have no idea that we are rapidly approaching a horrific derivatives crisis that is going to make 2008 look like a Sunday picnic.

According to the Comptroller of the Currency, the "too big to fail" banks have exposure to derivatives that is absolutely mind blowing. Just check out the following numbers from an official U.S. government report.

JPMorgan Chase - $70.1 Trillion
Citibank - $52.1 Trillion
Bank of America - $50.1 Trillion
Goldman Sachs - $44.2 Trillion

So a 2 billion dollar loss for JP Morgan is nothing compared to their total exposure of over 70 trillion dollars.

Overall, the 9 largest U.S. banks have a total of more than 200 trillion dollars of exposure to derivatives. That is approximately 3 times the size of the entire global economy.

It is hard for the average person on the street to begin to comprehend how immense this derivatives bubble is.
So let's not make too much out of this 2 billion dollar loss by JP Morgan.

This is just chicken feed.

[Gekko]

all the big banks are bankrupt. the banks know it. the government knows it. most citizens know it. we live in a world of "pretend and extend"...always pushing off the economic pain to future generations because they don't have any say in it while we live beyond our means.

[Outlaw]

all the big banks are bankrupt. the banks know it. the government knows it. most citizens know it. we live in a world of "pretend and extend"...always pushing off the economic pain to future generations because they don't have any say in it while we live beyond our means.

Very True Gekko, but I disagree most citizins know it.

And Nats are bankrupt at catcher too, but keep an eye on this kid, Sandy Leon, who is supposed to get called up. Good chance he gets 1/2 the starts pretty quickly.

[Cowboy Joe]

So does Jamie Dimon qualify at catcher?