What Do You Get When You Add These Up?

If you added up the annual gross domestic product (GDP) of the following countries, what do you get?

Aruba
Belize
Greenland
Saint Lucia
Central African Republic

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(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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