U.S. Investors Face An Age of Murky Pricing
Story date: 2007-10-11 08:14:00
Added on: 2007-10-11 21:55:15
Wall Street Journal - A hedge-fund trader says his firm recently bought $1 billion of risky subprime mortgage loans from Bear Stearns with a one-year pact, known as a "mandatory auction call," under which Bear agrees to participate in an auction for the loans that will ...
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