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Wednesday, July 18, 2007

JPMorgan Marks Down "Hung" Bridge Loan

by Calculated Risk on 7/18/2007 10:14:00 AM

JPMorgan CommentsClick on picture for larger image.

From Bloomberg News (hat tip Brian): JPMorgan's Dimon says firm marks down 'hung' bridge loans.

JPMorgan's Dimon calls equity bridge loans 'a terrible idea'.