Friday's WSJ reports (for subscribers) that Citicorp, through asset sales and commercial paper placements, has arranged funding for the SIVs that it manages.
The article states:
This does not seem to effect efforts to establish M-LEC, but it should significantly reduce market fears of asset fire-sales. Sphere: Related Content
Executives of Citigroup Inc. say the giant bank has secured funding through year end for the $80 billion in structured investment vehicles it manages after selling $20 billion in assets since the midsummer credit crunch.