Tag Archives: CMBS

J.P. Morgan Chase & Co. to Issue Fiat Securities

Posted on November 15, 2011 by DRenegade

Not to be outdone by the Federal Reserve, J.P. Morgan Chase & Co. will issue commercial mortgage-backed securities (CMBS) backed by defaulted loans. Fiat securities may be the only method that J. P. Morgan can use to postpone the inevitable … Continue reading →

Posted in Editorial, Financial | Tagged , , | 2 Comments