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Update: Even More on Bear’s Hedge Fund Trouble 

Jun 20, 2007By

Adding to the subprime fallout in the bond markets, the Wall Street Journal today updates the soap opera that has become Bear Stearns mortgage-backed hedge funds: Two big hedge funds at Bear Stearns Cos. were close to being shut down last night as a rescue plan developed over several days fell apart in a drama that could have wide-ranging consequences for Wall Street and investors.

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Updated 11 months ago