Page 17 - Two Cent News Today

Old smokestack. Let me set the scene. Conventional wisdom has been if oil goes higher, its a good day for the market and if oil goes lower, sell, sell, sell. Its a bad one. So, it went down two bucks. Got hammered. We saw the urgency of that formula writ large today because we learned jpmorgan has 44 billion in oil and gas exposure. Thats 44 billion in oil and gas exposure. Kind of like making it the exxon of banking with hopefully exxons discipline. Oddly given the plumeting price of oil, only ...

Of oil, only 15 million in loan loss reserves. Even though 19 billion is loan portfolios. Say firms with junk bond status. Boo. And 39 of it was made to Exploration Production companies. The wos f the worst when it comes to who is paying anybody back. Jpmorgan said the Energy Company could cost them. Hey. 20 billion. But to me, having lived tlau low loss sickle i can only say give me a break. Im not buying it. Oil retreats hard here, they could double that number and i wouldnt believe it. Sorry....

Its a bad one. So, it went down two bucks. Got hammered. We saw the urgency of that formula writ large today because we learned jpmorgan has 44 billion in oil and gas exposure. Thats 44 billion in oil and gas exposure. Kind of like making it the exxon of banking with hopefully exxons discipline. Oddly given the plumeting price of oil, only 15 million in loan loss reserves. Even though 19 billion is loan portfolios. Say firms with junk bond status. Boo. And 39 of it was made to Exploration Produc...

Tom is in washington, d. C. Tom it came out widely as expected. There were some nuance francine through the night. It was fascinating to watch the political derby at about 10 00 last night, maybe 10 30, particularly the tension among rubio of florida on the republican side. Lets go to some of those results. I think we know seven states in seven states for donald trump and Hillary Clinton the opening frontrunners but then it gets a lot more interesting. Well get to the secretary in a moment. For ...

Season. Mark heard from the team. To said least. How many times can you go to a game and pretty much know that 90 , youre going to see major history and even casual fans are wrapped up. Kobe bryant is retiring after 20 years of the lakers and he has been bumped in his last game to espn 2 because you know who is number 1 . The golden state warriors. Take a look at this video. Take a look at the practice today. Pretty much standing room only. Speaking of standing room only, reports today that its ...

Looking for her because the for its plan. Marty existing customers mother what was found dead yesterday april 8th. Not seen were allowed the keep their bill and the deal expires next month since april 1st. That woman has expected to dollar hike on your been found dead there and next point now afflicts bill. Unsaying where she was found or how she was found or killed. The dave here were checking the mother has been found dead and still looking for the child in rain this morning however looks much...

Bit you got it. This mornings commute so far looks good. Lets look at what we have. No major problems trying to get into the city. When you start seeing biscuits crowding you see the other commutes get crowded as well. No problems if you are driving on interstate 880. This is the oakland commute. Traffic looks good here. San jose and the santa clara valley. Lets look at that. Off to a decent start on 101, 85 and 280. People who get up early often get good commutes in. Right now that is what is h...

3 a man accused of jay walking on a downtown street returns to court today to face a new judge in his controversial case. Charles harrell shot video of the arrest with his phone on february 6th and posted it on facebook. From there the case has gotten more and more bizarre. Local 12s Perry Schaible joins us live with more on whats expected 3 this is the second time the case against Charles Harrell will be heard by a Hamilton County judge. The first time ended with a mistrial after judge Heather ...

Lynch also spoke about the governments battle with apple. I think that for us the issue is about a criminal investigation into a terrorist act and the need to obtain evidence. Reporter setting up a fight over a phone that could go to the highest court in the land. So fbi is saying we dont like the phone the way its presently designed. We cant get into it. Reporter another twist tomorrow, the fbi expected to respond to apples call to the court to dismiss the governments request. By the way if you...

Welcome to inside story im ray and we watched so you didnt have to and believe me we did you a favor. The republican candidates for president squared off in two debates last night in bolder, colorado and after two hours and 15 minutes in prime time the top of the card climbed out of the mud wrestling pit and headed for the spin room and occasionally informative and often infuriorating and entertaining if you like that sort of thing and david shooser reports. This is fascinating like medicaid. Re...