he problem
Bear Stearns under the auspices of two hedge funds through its subsidiary, Bear Stearns Asset Management.
The main fund, the structural fund high-quality credit strategies, and consists of a complex
Derivatives backed by mortgages. During most of his life was very profitable but also
The housing market began to stutter in late 2006 suffered returns. It has been collected in this fund 35
His times the money invested.
With the deterioration of the proceeds of the two funds market sank. In urging investors to stay in
Fund managers promised notable for a shift in the market (the two Bear Stearns executives
Accused of later investors misleading).
In June 2007, Bear Stearns has pledged a loan guaranteed about $ 3.2 billion to catch
Deterioration
Bear Stearns under the auspices of two hedge funds through its subsidiary, Bear Stearns Asset Management.
The main fund, the structural fund high-quality credit strategies, and consists of a complex
Derivatives backed by mortgages. During most of his life was very profitable but also
The housing market began to stutter in late 2006 suffered returns. It has been collected in this fund 35
His times the money invested.
With the deterioration of the proceeds of the two funds market sank. In urging investors to stay in
Fund managers promised notable for a shift in the market (the two Bear Stearns executives
Accused of later investors misleading).
In June 2007, Bear Stearns has pledged a loan guaranteed about $ 3.2 billion to catch
Deterioration