Tuesday, May 22, 2007

JPMorgan Seeks Delay in Meeting Greek Lawmakers Probing Debt Sale to Fund

(Bloomberg) -- JPMorgan Chase & Co. asked Greek
lawmakers to delay a parliamentary hearing probing whether the
third-largest U.S. bank was part of group that sold government
bonds to pension funds at inflated prices.

``We've communicated with the Greek parliament and said
we're willing to cooperate but asked to do that at a later
date,'' JPMorgan spokesman Michael Golden in London said in a
telephone interview. He said bank officials wouldn't appear at
today's committee meeting and that the ``appropriate people''
would be available at a later point.


Read more at Bloomberg Bonds News

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