FlyerTalk Forums - View Single Post - Delta into (and out of?) refinery business
Old May 1, 2012 | 7:28 pm
  #156  
motytrah
 
Join Date: Jan 2007
Posts: 5,679
Originally Posted by exwannabe
Scenerio 3) JP Morgan wants cover to assist in gamimg the futures market, and is tossing DL $200M or so a year to make their play look legit in a market that might soon have political repercussions against pure speculators. DL actually has little control over anything, and the discount fuel just arrives in NY.
One wonders why it was Chase and not Goldman Sacks then. I wouldn't have thought chase had it in them to play at that level.
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