Tuesday, May 15, 2007

BMO Suspends Trading with Optionable Inc.

The Globe and Mail, Andrew Willis & Tara Perkins, 16 May 2007Bank of Montreal has turned down several offers for its commodity trading portfolio, including the money-losing positions in natural gas derivatives.It has fielded calls from at least 10 rivals interested in purchasing the portfolio. Sources close to the bank said overtures came from Chicago hedge fund Citadel Investment Group LLC and

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