Thursday, July 26, 2007

Bear Stearns seizes troubled hedge fund's assets

(Reuters) - The investment bank said it does not expect any "material
change" in financial exposure as a result of its action. It
said it will continue to pursue an "orderly liquidation" of the
assets, and will be in position to establish appropriate hedges
to protect against future price declines.





Read more at Reuters.com Bonds News

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