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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (16550)9/28/1998 6:41:00 PM
From: John Hunt  Read Replies (1) of 18056
 
Hedge funds face failure as borrowing costs surge

scmp.com

<< Hedge funds began experiencing an investor backlash yesterday as reports emerged that financing costs had soared by more than 200 basis points in the wake of the unprecedented bailout last week of the giant Long Term Capital Management. >>



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