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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (149868)	10/25/2008 7:04:34 PM
From: geode00	Read Replies (1) \| Respond to of 361700

All we need, a run on hedge funds. The last bunch of people to do this were the MMFs who had to be backstopped by the Fed. I don't know think hedge funds will get that...although these days anything can happen...egads. Hedge funds stop cash withdrawals Investors fume as they are barred from pulling their money out of struggling firms Iain Dey and Kate Walsh ONE of Britain’s best-known hedge funds, RAB Capital, has stopped investors cashing out of a second of its flagship funds. Investors in RAB’s Energy fund - which has lost more than 50% of its value this year - have been told they will not be able to liquidate their holdings. Those who want to quit will be handed “redemption shares” instead of cash - a promise on behalf of the fund to pay back investors as and when it can sell out of enough stocks.... business.timesonline.co.uk