The 393M to 708M last quarter is clearly I am quite nearly positive Thain owns the copyright on this, and is entitled to standard ASCAP licensing fees on this bit of post earnings write-down sleight of hand.. Of course,t here is no reason for the SEC to be investigating this, as over lunch I heard several people discussing why some company's stock was going down. That is without any shadow of a doubt a far more worthwhile usage of SEC manpower (and the Ken doll that runs the place) than any of this foolishness where investors are losing money due to fraud, malfeasance and theft. THE RUMORS MUST BE STOPPED! UPDATE: Aug 13, 2008 5:02am Add JPM to the list of royalty payees: J.P. Morgan Chase & Co. is taking another $1.5 billion write-down as a result of the subprime mortgage mess at the bank, but the bank appears to be trying to keep the disclosure off the radar.