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JPMorgan, Bank of America write down loans

Story date: 2007-10-08 06:49:00
Added on: 2007-10-09 03:00:19


MSNBC - NEW YORK - JPMorgan Chase and Bank of America are expected to disclose losses of about $3 billion in mortgage securities and leveraged loans when they report earnings this month, the Financial Times reported, citing an analyst. JPMorgan is likely to ...


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