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Transcripts For CNBC Mad Money 20160223

While they pause today given the market wide pullback, dows singing 189 points. Nasdaq dropping 1. 47 . Its worth asking if this might be the pause that refreshes the 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 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
United States , New Hampshire , District Of Columbia , Tri Point , P Jpmorgan , David Faber , Aron Cross , Kimberly Clark , Deshawn Stevenson , Steven Jones , Jim Laing , Wisdom Oil , Oil Goes , Good Day , Market Oil , Writ Large , Oil Gas , Exploration Production , Energy Company , Company Cost , Say Something , Like Oil , Oil Flying , Oil Stays , Oil Gas Companies , Gas Companies ,

Letters to the Editor (10): Tuesday, May 28, 2024

For the climate, avoid flying ....

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Letters to the Editor (10): Tuesday, May 28, 2024

Letters to the Editor (10): Tuesday, May 28, 2024
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British Columbia , Greg Snider , Justin Trudeau , Jim Laing , Lionel Messi , Beth Mcandie , Helena Konanz , Lalla Isaak , Lynn Crassweller , Derek Mcgregor , Kevin Falcon , Ron Seymour , Julius Bloomfield , Pat Mulligan , Don Smithyman , Patrick Longworth , John Rustad , Mike Wilkinson , Kim Steeves , Society For Preservation Of The Naramata Bench , Community Plan , Naramata Bench , Naramata Road , Penticton Indian Band , Interior Health , Task Force ,

Building a new parkade; what's the Pandora encampment plan? - Victoria Times Colonist

Building a new parkade; what's the Pandora encampment plan? - Victoria Times Colonist
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Drug overdose death at UVic; irresponsible cyclists - Victoria Times Colonist

Drug overdose death at UVic; irresponsible cyclists - Victoria Times Colonist
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