Wednesday, July 18, 2007

UPDATE 1-JPMorgan's Dimon slams "equity bridge loans"

(Reuters) - NEW YORK, July 18 - JPMorgan Chase & Co.
Chairman James Dimon on Wednesday called the practice loaning
cash upfront on leveraged buyout deals a terrible idea.




Dimon, one of Wall Street's most influential bankers,
criticized so-called equity bridges during a conference call
with analysts and investors.


Read more at Reuters.com Mergers News

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