What Do You Get When You Add These Up?
September 26, 2013 1:15 pm
If you added up the annual gross domestic product (GDP) of the following countries, what do you get?
Central African Republic
(in $ billions)
Aruba – $2.51
Belize – $1.44
Greenland – $2.43
Saint Lucia – $1.25
Central African Republic – $2.19
About $11 billion annual GDP, which is the amount the JP Morgan (JPM) may have to pay in fines for issuance of “bad” MBS securities.
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