Thursday, Mar 13, 2008
Several hedge funds with assets of more than $4 billion (£2 billion) were on the brink of collapse last night or had halted withdrawals
times: Hedge funds on the brink as US Federal Reserve cash fails to ease crisis
The potential closure of six funds came as a leading private equity executive, who declined to be named, said that such funds were “snapping like twigs”, with one failing every day.
Posted by chris @ 06:44 AM (124 views) Add Comment
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