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To: proxy_user
JPMorganChase sure did have their own sub-prime lending division...they just made it a “separate” entity.
14 posted on 05/01/2010 12:48:45 PM PDT by Prov1322 (Enjoy my wife's incredible artwork at www.watercolorARTwork.com! (This space no longer for rent))
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To: Prov1322

I am not aware of any such thing.

While JPMorgan Chase did dabble a little in subprime, in October of 2006 Jamie Dimon ordered his bank to sell off all subprime loans, and make no more. He also told them not to buy or sell any SIVs made up of subprime loans.


15 posted on 05/01/2010 2:03:57 PM PDT by proxy_user
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