Friday, August 3, 2007

Bear hedge fund sank as Merrill protected clients

(Reuters) - Recently filed court documents in U.S. Bankruptcy Court in Manhattan reveal more details about the events that led to the collapse of two hedge funds run by Bear Stearns.




For example, the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Fund started performing poorly in early 2007, court papers show.


Read more at Reuters.com Business News

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