<HTML>In a message dated 9/18/2002 9:30:36 AM Eastern Daylight Time, dhenwood@panix.com writes: <BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">[from the funnies page] Banks Were Victims in Fraud Cases, Not Accomplices</BLOCKQUOTE> Wall Street Journal - September 18, 2002 <BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">By WILLIAM B. HARRISON, JR. </BLOCKQUOTE> Thanks for the mid-morning humour Doug. This piece is so ridiculous (banks were just "lenders and passive investors"), it's not even worth dissecting. Convenient to be able to take out a free ad in the WSJ, coinciding with the warning announcement of poor 3rd qtr earnings - that you blame on faulty loans - that you extended - to your best investment banking clients. And, I'm sure WH would say that the 12% beating JPM Chase's stock is taking today is due to the fact that his poor company's just so misunderstood. Watch for Hank Paulson to capitalize with his own article, as he did when he 'came out' against corporate corruption a few months ago, singling out JPMChase, Goldman's chief investment banking business rival, as a major enabler. (From the wires: The banking titan (NYSE:<A HREF="http://finance.yahoo.com/q?s=jpm&d=t">JPM</A> - <A HREF="http://biz.yahoo.com/n/j/jpm.html">News</A>) issued a third-quarter profit warning late Tuesday, attributing the anticipated shortfall to high commercial credit costs -- mostly in the telecom and cable sectors -- as well as to weak trading performance). Nomi </HTML>