Banks said to be prepping up to $100B fund

Story date: 2007-10-14 09:26:00
Added on: 2007-10-14 17:00:20

CNN Money - ... Citigroup, is working to create a fund to back up to $100 billion in shaky mortgage ... Wall Street Journal , would be used to buy securities at risk in the current credit ... the hedge fund Long-Term Capital Management after it made a series of bad bets ...


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