Super Bailout Fund For Mortages Securities Cancelled

Banks to abandon 'Super-SIV' fund
Citigroup, JPMorgan and BofA cancel plans for a mortgage backed securities rescue fund, but leave the door open in case of more credit woes.

http://money.cnn.com/2007/12/21/news/companies/super_siv/index.htm?postversion=2007122119