Bear still hoping to restructure funds: source

(Reuters) - Banks including Merrill Lynch & Co. Inc. , Bank of
America Corp. , JPMorgan Chase & Co. , and
Goldman Sachs Group decided not to agree to the
restructuring agreement, and instead headed for the exits.
Merrill sold off some seized collateral, while the others
unwound their trades with Bear.




Concerns about the fate of the funds stirred financial
markets on Wednesday and early in the session on Thursday, but
stocks calmed down somewhat later in the morning.


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