(Reuters) - Neither Merrill nor Bear Stearns were immediately available to comment on the report.
The struggling Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Fund suffered 23 percent losses through April, amid money-losing investments in subprime mortgages, and faced demands from creditors to post additional collateral.
Read more at Reuters.com Business News
The struggling Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Fund suffered 23 percent losses through April, amid money-losing investments in subprime mortgages, and faced demands from creditors to post additional collateral.
Read more at Reuters.com Business News
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