It was all in the prospectus.
Hedge funds state in the prospectus that they should be considered speculative and only invested in with the understand that a complete loss is possible.
Bear Stearns says hedge funds worthless
- (JayMehaffey)
- (11)
- July 19, 2007, 10:21:50 AM EDT
My heart doth bleed.
-NT
- (Andrew Grygus)
- July 19, 2007, 10:40:25 AM EDT
And those investors
- (bepatient)
- (3)
- July 19, 2007, 11:07:15 AM EDT
waiting for the indictments and taxpayer bailout
-NT
- (boxley)
- (2)
- July 19, 2007, 11:49:18 AM EDT
Bear Stearns has been bulking up with lawyers.
- (a6l6e6x)
- (1)
- July 19, 2007, 12:28:03 PM EDT
All defended with the same tactic
- (bepatient)
- July 19, 2007, 01:04:01 PM EDT
Re: two funds
- (a6l6e6x)
- (5)
- July 19, 2007, 12:25:36 PM EDT
I don't care much about the investors
- (JayMehaffey)
- (4)
- July 19, 2007, 12:53:36 PM EDT
Better to crash sooner than later
- (tonytib)
- July 19, 2007, 02:13:21 PM EDT
Total sub-prime mortgage losses are in the $50-100 B range.
-NT
- (a6l6e6x)
- (2)
- July 19, 2007, 03:16:57 PM EDT
Those are estimates
- (bepatient)
- July 19, 2007, 05:24:21 PM EDT
dupe
-NT
- (bepatient)
- July 19, 2007, 05:24:43 PM EDT