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Monday 06 February 2012

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• Voskolos / Fotios

Bomb goes off at JP Morgan offices in Athens

Bomb goes off at JP Morgan offices in Athens
"The explosion damaged the door, furniture, computers and smashed some windows," the official added. Police had cordoned off the area after a local newspaper received a warning call. Ambulances and fire engines blocked streets in the upmarket central district of Kolonaki, where JP Morgan's Greek offices are situated, a Reuters witness said. JP Morgan confirmed the incident and said there were no injuries. "No one was hurt," said a JP Morgan spokesman in New York. "The company is still gathering details about the situation."

In 2007, the New-York based firm came under scrutiny by Greek investigators' after underwriting 280 million euros

($382.2 million) of structured government bonds which ended up with state pension funds at inflated prices.

JP Morgan, which denied any wrongdoing, agreed to buy back the bonds and reverse the deal.

Banks, foreign companies and police are a frequent target of leftist groups in Greece. No group has yet claimed responsibility for the attack, the official said.

Urban guerrillas exploded a makeshift bomb outside Greece's parliament in January, causing no injuries and minor damage.

17.02.2010

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