Odd statement considering they have closed a $672,000,000 loan and haven't said one word about it in a PR. Hmmm just shot that little theory down didn't I.
....While at Chase Manhattan Bank he was the prime developer of Chase's REALM system, a risk management and derivatives pricing system, which was used, by Chase Manhattan Bank and over 200 clients around the world. While at Chase, he was involved in Project Cloud, which was a state of the art Artificial Intelligence system that could forecast changes in credit rating 2 years out with a 95% accuracy rate....
ALSO,
JIM ASPINWALL was head of quantitative research for Abbey national, a $ 300 billion banking group. He oversees the banking book and the derivatives trading desks......