Summary
FOR a fund named after a thoroughbred stallion, Standard Chartered's Whistlejacket, is starting to look more like a Blackpool donkey.
And the knacker's yard surely beckons after the bank washed its hands of the Pounds 3.7bn structured investment vehicle (SIV) yesterday.See the full content of this document
Extract
Chartered Gets Set to Drop the Dead Donkey
Standard Chartered (down 30p to 1,558p) blamed a 'further deterioration' in credit markets for its decision t...
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