By Yalman Onaran
July 18 (Bloomberg) -- Bear Stearns Cos. told investors in its two failed hedge funds that they will get little if any money back after ``unprecedented declines'' in the value of AAA rated securities used to bet on subprime mortgages.
No comments:
Post a Comment
Thank you for commenting. I reserve the right to remove comments which are offensive in nature and thus do not contribute to the discussion.