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OG Original Gangster

Graduated magna cum laude from the school of hard knocks

Wednesday, November 21, 2007

Rumor: BlackRock in on SuperSiv

According to Reuters and an unnamed source, BlackRock has been collaborating with the likes of Bank of Amercia, Citigroup, and JPMorgan on the SuperSiv bailout fund. Well, they do have a buttload of moneyfunds of there at BlackRock. It would be a pain if they broke the buck.
Posted by Original Gangster at 3:52 PM

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Blog Archive

  • ▼  2007 (24)
    • ►  December (9)
    • ▼  November (15)
      • Run On the Fund
      • Axon Cut to Default. MBIA Winds Down Hudson Thames
      • HSBC Brings It Home
      • Frenchies fail to form SuperSiv?
      • Rumor: BlackRock in on SuperSiv
      • Freddie Needs Money
      • Citigroup Downgraded
      • Fitch may cut Legg's
      • Email from Tradeking
      • GE Capital Fund Breaks the Buck!
      • Bank of Amercia writes down $3 Billion
      • No Business Purpose
      • Citigroup Assures Everything is OK
      • Breaking the Buck? or the Bank?
      • Super SIV Thoughts