It has done this for Sudan, where it previously made resource investments, and itis reasonable to assumethatit might do so for a similarly troubled regime in the future.
It turns out that in addition to being the most convoluted and complex creation ever conceived by JPM which is advising Europe on coming up with structured finance products that are so complex nobody will ask any questions and will automatically assume someone else has done the homework, itis also the quintessential ponzi instrument.