Wednesday, 13 June 2007

Bear Stearns fund facing mortgage losses-WSJ

(Reuters) - Bear Stearns was not immediately available for comment.




Bids for the bonds, many of which are backed by risky
subprime mortgages, are due on Thursday, shortly after Bear
reports quarterly results. The fund could be shut down if the
sale is not a success, the Journal reported.


Read more at Reuters.com Bonds News

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