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Tuesday, November 13, 2007

JPMorgan: SIVs have No Business Purpose

by Calculated Risk on 11/13/2007 02:05:00 PM

Quote of the day from Bloomberg: JPMorgan's Dimon Says SIVs Will `Go the Way of the Dinosaur'

"SIVs don't have a business purpose."
Jamie Dimon, JPMorgan Chase & Co. CEO, Nov 13, 2007

Posted by Calculated Risk on 11/13/2007 02:05:00 PM