JPMorgan, Bank of America May Write Down Buyout Loans (Update4)

Story date: 2007-10-05 01:55:00
Added on: 2007-10-05 22:00:19

Bloomberg - Oct. 5 (Bloomberg) -- JPMorgan Chase & Co. and Bank of America Corp., the biggest arrangers of U.S. leveraged loans, may write down the value of their holdings by a combined $3 billion in the third quarter after surging mortgage defaults halted ...


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