Nov 25, 2007

JP Morgan

Part of a series The Great American Write-Down

JP Morgan (JPM) CreditSights Inc. has stated that JP Morgan might have to write-down as much as $4.1 billion. The company has been very silent about their own holdings while being quick to point to others.

Moody's cuts 23 JP Morgan Alt-A RMBS classes
UPDATE 1-US mortgage-related losses up to $300 bln-OECD