(Bloomberg) -- Emerging-market bonds fell on concern
losses at Bear Stearns Cos. hedge funds may reduce demand for the
riskier securities sold by developing nations.
Bear Stearns is proposing a $3.2 billion bailout of a money-
losing hedge fund to prevent creditors from seizing assets,
people with knowledge of the plan said. The fund made bad bets on
so-called collateralized-debt obligations. Asset seizures may
trigger billions of dollars in losses for investors including
hedge funds, pension funds and foreign banks.
Read more at Bloomberg Emerging Markets News
losses at Bear Stearns Cos. hedge funds may reduce demand for the
riskier securities sold by developing nations.
Bear Stearns is proposing a $3.2 billion bailout of a money-
losing hedge fund to prevent creditors from seizing assets,
people with knowledge of the plan said. The fund made bad bets on
so-called collateralized-debt obligations. Asset seizures may
trigger billions of dollars in losses for investors including
hedge funds, pension funds and foreign banks.
Read more at Bloomberg Emerging Markets News
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