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To: MythMan who wrote (364833)	4/8/2008 4:01:27 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

this market is like a bad female impersonator. where the f is ru paul.

To: MythMan who wrote (364833)	4/8/2008 4:02:25 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 436258

IMF's got your back. Can we be of further service?

To: MythMan who wrote (364833)	4/8/2008 5:12:54 PM
From: ldo79	Read Replies (1) \| Respond to of 436258

still buyin' the dips? Bear Stearns hit with $1bn hedge fund suit William Hutchings 08 Apr 2008 The liquidator of the two Bear Stearns hedge funds that collapsed last July has filed a lawsuit against the bank and Deloitte & Cooper, the funds' auditor, seeking to recover $1bn (€1.6bn) in losses. The suit accuses Bear Stearns of marketing the funds as viable while they knew they were vulnerable to even a slight downturn in the US housing market, according to Reuters. The funds were invested in asset-backed securities based on US sub-prime mortgages, and were frozen in June while their managers and financiers entered negotiations that fell apart the following month. Geoffrey Varga and William Cleghorn, who work for adviser Kinetic Partners and who were appointinted the funds' liquidators in February, filed the suit in Manhattan. The suit claimed Bear Stearns, the managers of the hedge funds, and Deloitte & Touche have not lived up to assurances the funds were relatively safe and conservative investment vehicles. The suit also seeks punitive damages on top of the amounts it seeks to cover losses. The liquidators, Bear Stearns and Deloitte & Touche were not available for comment.