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JP Morgan Chase Instrument Offers 9% Interest For 15 Years If...

Sunday, October 13, 2013 - 7:47 AM
"JP Morgan Chase is currently syndicating what may be its most interesting Structured Note offering in years.  Unlike a dividend paying stock which still pays a dividend after a large fall, this instrument basically becomes dead money after a market fall until either the market recovers or maturity is reached.  Since maturity is 15 years away and since the Notes are illiquid, investors could be sitting on this asset waiting for their money for a long period of time."

JP Morgan Chase Instrument Offers 9% Interest for 15 Years If The Stock Market Does Not Fall and The Yield Curve Keeps Its Slope
ShorebreakShorebreak2,675 posts since
Apr 6, 2010
Rep Points: 14,524
1. Sunday, October 13, 2013 - 8:03 AM
Are there really people out there so desperate as to buy these "notes" from a bank that owes a fortune to the government for it's corrupt actions and even owes more in a class action suit chasing it?  I would not let Chase "structure" a pair of shoes for me much less buy these so called "notes" from them.  In our topsy turvy economy, there just might be some innocents who will be tempted by the 9% interest rate (if they ever really get it). 
paoli2paoli21,400 posts since
Aug 10, 2011
Rep Points: 6,132
2. Tuesday, October 15, 2013 - 3:52 PM
these companies with all these letters and names tell me one thing --stay away.  like my last wifes' law firm -- "dewey, ****em and howe".   
diamondxdiamondx72 posts since
Jan 19, 2011
Rep Points: 170