presumption 1: JPM cannot withstand a free rise in the PMs. Technically, fundamentally, with event risk, the PMs could easily push into the $2ks and who knows where. Cannot be allowed to happen.
presumption 2: Saving the incumbent is non-starter in the priorities of bankers. How Obama treats the banks in his second term is unpredictable. Romney, hardly an enemy of Wall St, will at least be sure to need the banks support for his second term.
presumption 3 ... the solution: Crash the markets. Let Europe burn, China go down, Silver plummet as gold follows. .... Oh the money that can be made, Jamie is thinking