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    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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