The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: zebra4o1	6/16/2007 3:11:49 AM
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Ironic that this Bear Stearns hedge fund blew up because they were shorting subprime, not because of their long exposure to subprime. Concerned that an internal hedge fund at Bear Stearns Cos. wouldn't be able to meet a margin call, Merrill Lynch & Co., one of the fund's biggest lenders, seized $400 million of its assets and is preparing to auction them off. online.wsj.com

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