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Bankruptcy

: Credit Slips

Good Thing We Have the Volcker Rule Thingo

By Stephen Lubben

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Because otherwise JP MorganChase couldn't sink more of its too big to fail self into emerging markets hedge funds. But then they go and do it, for $6 billion. What am I missing? Holding it through a subsidiary reduces the risk? When Highbridge needs liquidity, who are they going to turn to?

Full post as published by Credit Slips on October 26, 2010 (boomark / email).

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