Barclays' CDO chief in Europe quits as sub-prime crisis hits funds
Story date: 2007-08-24 05:59:00
Added on: 2007-08-24 13:37:39
Daily Telegraph - A liquidity crisis, caused by concerns about where an estimated $300bn (£150bn) of bad sub-prime debt may emerge, has made it almost impossible to refinance the vehicles and SIVs are unable to sell their sub-prime assets for face value to liquidate ...
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