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    JPMorgan Investigated For ABACUS-Like Deal So Far Lacking Similar Intrigue

    ProPublica reports that JPMorgan is being investigated by the SEC to determine whether or not the bank adequately disclosed to investors that the securities that went into a CDO were selected by hedge fund Magnetar Capital, which was betting against the deal (JPMorgan apparently lost approximately $880 million on the deal and what’s more). Two […]

    / Nov 1, 2010 at 4:53 PM

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