Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: ravenseye	10/9/2007 11:49:15 PM
	of 5673

Ellington Freezes Withdrawals From Two Mortgage Funds (Update3) By Jody Shenn and Katherine Burton Oct. 8 (Bloomberg) -- Ellington Management Group LLC, the Old Greenwich, Connecticut-based hedge-fund firm that focuses on mortgage securities, suspended client redemptions from two funds because it's too hard to value their assets. Investors won't be able to withdraw money from New Ellington Credit Overseas Ltd. and New Ellington Credit Partners LP, according to a copy of the letter posted on the Internet blog nakedshorts.com.... bloomberg.com ...Under Scrutiny The way hedge funds value their mortgage securities is under scrutiny by the U.S. Securities and Exchange Commission, said Veronica Rendon, a lawyer at Arnold & Porter LLP in New York....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next