Bear cashes out failed fund
Bear Stearns has seized the assets from one of its troubled hedge funds, according to published reports.
Bear Stearns Cos. Inc. has seized the assets from one of its troubled hedge funds, according to published reports.
New York-based Bear Stearns will continue to liquidate its High-Grade Structured Credit Strategies Fund, one of two failed hedge funds.
Bear Stearns took the assets after waiting mor
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