Wednesday, June 13, 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 Business News

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