TXU Paper Heads South

25 Sep 2008

The loans for Energy Future Holdings, formerly known as TXU, lost a few points every day this week, plunging to 85 1/2 Wednesday from 93 a week earlier.

The loans for Energy Future Holdings, formerly known as TXU, lost a few points every day this week, plunging to 85 1/2 Wednesday from 93 a week earlier. Traders are blaming hedge funds and total return swap programs divesting from the secondary loan market in anticipation of the ...

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