Bear Stearns Hedge Funds Face Shutdown

20 Jun 2007

Two big hedge funds at Bear Stearns were close to being shut down last night as a rescue plan developed over several days fell apart in a drama that could have wide-ranging consequences for Wall Street and investors, reports The Wall Street Journal. Merrill Lynch, one of the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial