SAN FRANCISCO The city attorney of San Francisco has sent a shot across the bow of both JPMorgan Chase & Co. and MBIA in the form of threatening letters over their involvement in the Asian Art Museums financial crisis.
S.F. Attorney Blasts JPMorgan, MBIA
Correction: The swap is no longer insured by MBIA. The insurance was dropped when the JPMorgan issued its letter of credit to the museum.