◄ JPMorgan is a monster predator at work, hidden from view. An alternative view of the Wall Street carnage, marriages, raids, and other hidden criminal syndicate activity makes the most sense. After the Fannie Mae experience, covering their giant raft of CDSwap contracts, making huge payouts, JPMorgan was close to a bankruptcy, which is insolvency stressed by illiquidity. The monster needed to feed off another bank, to consume private deposits and thus shore up its balance sheet. So word went out that Lehman Brothers had very little in CDSwap ownership, which might be true, but a Lehman failure would surely trigger a gigantic wave of credit market fires. The Lehman CDSwap resolution has cost roughly $300 billion, paying 91 cents per dollar of coverage on their failed bonds. The Wall Street Powerz permitted Lehman to fail, so as to prevent a JPMorgan failure, thus risking that the fires caused could be contained in CDSwap fallout. The irony is that JPMorgan undoubtedly suffered considerably from that fire in fallout directly. Now JPMorgan might need another Wall Street failure, for to consume another block of assets, but with yet another CDSwap fire. JPMorgan is a monster predator at work, soon hungry again, which ravages the body financial. If Morgan Stanley fails, JPMorgan can dine once more, neutralize its bond acid with the alkaloids of fresh assets, and risk a systemic fire that could result in some powerful surprises, all big, all nasty. The risk is to discover a failure in an unexpected place, like a big insurance firm. Do we really know the counter-party risk for big CDSwap exposure? Do insurance giants have exposure, like Nationwide, Metropolitan, Travelers, John Hancock, Aetna, or Equitable? Does Berkshire Hathaway’s General RE have such exposure? Is that why Buffett purchased some precious Goldman Sachs equity? For the privilege of being assisted by the JPMorgan Garbage Can?