Just how long ago was it that the ABS market convened in the Bahamas? Well in October of 2000, J.P. Morgan and Chase Manhattan Corp. had yet to merge, Prudential Securities had a fixed-income group and this publication was named the Asset Sales Report.

On Oct. 2, 2000, the Dow Jones Industrial Average closed at 10,700; Capital One Financial closed at 70.5; AmeriCredit Corp. closed at 28.25; and NextCard Inc. closed at 9.38. The New York Giants were in the midst of a Super Bowl run and the Yankees and Mets were on track to meet in a subway World Series.

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