Mortgage Site Remains a Mystery, May Acquire Trumarkets Assets
SPECIAL REPORT
NEW YORK--Last August, among the flurry of electronic of fixed income initiatives announcements, Bear Stearns, Credit Suisse First Boston, Lehman Brothers and Salomon Smith Barney issued a press release detailing their formation of a consortium to develop a mortgage-backed and asset-backed securities trading platform.
Representatives of the four participating banks have been noticeably quiet since the initial announcement, and the effort has been shrouded in mystery ever since. Even the name of
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