Tuesday, June 26, 2007

PRESS DIGEST - Wall Street Journal - June 27

(Reuters) - * U.S. Foodservice underwriters pulled a $1.5 billion bond
offering amid investor resistance to its terms, an indication
of possible trouble for the buyout boom.




* The U.S. Securities and Exchange Commission opened about
a dozen probes involving bundled financial products, as well as
the related near-collapse of two Bear Stearns Cos.
hedge funds.


Read more at Reuters.com Bonds News

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