(Reuters) - Bear Stearns is still trying to restructure the Bear Stearns High Grade Structured Credit Enhanced Leveraged Fund, and that could take several months, said Bear Chief Financial Officer Sam Molinaro.
But so far, all parties that have threatened to sell assets seized from the fund have not done so, Molinaro said. There are not additional Bear Stearns managed funds with similar market exposure, he added.
Read more at Reuters.com Bonds News
But so far, all parties that have threatened to sell assets seized from the fund have not done so, Molinaro said. There are not additional Bear Stearns managed funds with similar market exposure, he added.
Read more at Reuters.com Bonds News
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