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CIBC Losses Reach $6.7B
posted on
Jun 01, 2008 06:28PM
http://www.financialpost.com/story.h...
Losses mostly on ABCP, SIVs, CDOs, etc.
Wasn't CIBC the bank that was going to broker the placement that was cancelled last year? You know, after they were carpet-bombing the SP with shorts for weeks before the placement?
