Thursday, Aug 09, 2007

Looks like they may have closed the $500m fund now

The Street: Goldman Closing Fund

Folks, this really is the beginning of the end. There is only so much the Fed and Central Banks can do with a trainwreck of this magnitude.

We will see more and more funds closing after losing and the relevant indices will be shattered even more as frightened investors redeem investments to get to safety.

Posted by lvmreader @ 09:59 PM (245 views) Add Comment

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