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Planners Accelerate Work on SIV Rescue.

Authors :
Mollenkamp, Carrick
Sidel, Robin
Bauerlein, Valerie
Solomon, Deborah
Karmin, Craig
Paletta, Damian
Source :
Wall Street Journal - Eastern Edition. 11/9/2007, Vol. 250 Issue 111, pC2. 0p.
Publication Year :
2007

Abstract

The article reports on the determination of bankers to accelerate the creation of a rescue plan for struggling investment funds. Bankers from Citigroup Inc., Bank of America Corp. and J.P. Morgan Chase & Co. are cooperating to create a superfund. Officials of the U.S. Department of Treasury remain optimistic in the completion of a superfund. The creation of the superfund faces several challenges.

Subjects

Subjects :
*FINANCE
*INVESTORS
*INVESTMENTS

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
111
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
27475867