Sunday, Jul 08, 2007
IT TAKES A WHILE BEFORE THE SHIT HITS THE FAN !!!
FT.com: Hedge fund financing
There is nothing like a hedge fund blow-up to concentrate minds on Wall Street. The implosion of two Bear Stearns funds and this week’s news of attempted redemptions at another smaller hedge fund have focused attention on the quality of the underlying assets. Credit hedge funds with a penchant for subprime asset backed securities (ABS) have become more than a tad worried about the liquidity and the value of the underlying investments.
Posted by chris :-)) @ 10:01 PM (147 views) Add Comment
1 Comment
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1. night said...
Would someone mind either explaining Hedge Funds to me, or pointing me somewhere where I can learn more about them? Thanks very much.