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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.99

+0.3%

Nov 11 4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (79710)	11/30/2001 10:09:39 AM
From: long-gone	Read Replies (1) of 116753

CIBC reveals Enron credit exposure Canadian Imperial Bank of Commerce CM Shares issued 365,243,781 Nov 29 2001 close $54.150 Nov 29 2001 2:23:00 Ms. Kathryn Humber reports CIBC has credit exposure to Enron Corporation entities of approximately $115-million (U.S) in senior unsecured loans, letters of credit and derivatives. In addition, CIBC confirmed it has secured exposures of approximately $100-million (U.S). CIBC is not revising the guidance which it provided on Nov. 26 with respect to its current view that fiscal 2002 specific credit provisions are expected to be approximately 10 per cent higher than experienced in fiscal 2001. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com quote.canada-stockwatch.com

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