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Subscribe to this Foneshow... Bloomberg Opinions Opinion and commentary by Bloomberg writers on politics, stocks, business news, bonds and financial markets. © 2008 Bloomberg LP • Podcast home page

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JPMorgan Muni-Swap Exit Not Just About Profit: Commentary

Date: 09/15/2008
Length: 00:01:40

Sept. 12 (Bloomberg) -- Bloomberg's Joe Mysak says JPMorgan Chase & Co.'s decision on Sept. 3 to stop selling interest-rate swaps and derivatives to municipal issuers is more about protecting its own financial interests than those of its customers. Mysak is a Bloomberg columnist. The opinions expressed are his own.

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