"The banks most active in arranging finance to the sector...

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    "The banks most active in arranging finance to the sector include Citigroup and JP Morgan Chase -"

    Hmmm, so JP Morgan is not out of the woods yet - by a long shot!
    Even if they and Citigroup "passed on" some of the loans, there will still be a loosening of the bowells when the bankrupcies are announced.

    GZ
 
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