Was this a big problem in an otherwise sound institution, or was there an iceberg beneath the surface. After all, AIG was an AAA-rated firm that turned out in late 2008 to have assumed more risk than it could handle.
但在2008年经济动荡的环境中宣布20亿美元损失将让JPM的交易对手大惊失色。什么叫只有20亿美元？这仅仅是可靠机构的一个大问题吗？还是下面藏着一个巨大的冰山？毕竟，AIG本是一家AAA级企业，在2008年末还不是积累了它根本无法处理的风险。市场参与者会问，凭什么可以笃定JPM不是一丘之貉？