Colorado Springs Business Journal » Blog Archive » J.P. Morgan pays $139 million to Colorado investors

J.P. Morgan pays $139 million to Colorado investors

by Amy Gillentine

Published: November 23,2009

Time posted: 11:06 am

Tags: auction rate securities, Investors, liquidity

J.P. Morgan Chase & Co. will pay back $139 million worth of auction rate securities from Colorado investors, who found themselves unable to sell the securities after they had been frozen in the market. The Colorado settlement is part of a multi-state agreement in which J.P. Morgan has bought back more than $17 billion of auction rate ...

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