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Bear Stearns faces crisis in another mortgage fund

posted 58 weeks ago on Mortgage Insider

The Wall Street Journal reports another investment fund of Bear Stearns is in trouble. This time subprime is not the culprit. Bear Stearns, its reputation already dented after two of its hedge funds that bet heavily on securities connected to risky home loans blew up in June, has prevented investors from taking their money from another [...]

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