(Reuters) - The lists, circulated by JPMorgan Securities and Morgan
Stanley, include CDOs managed by Tricadia Capital, Strategos
Capital Management and Bear Stearns Asset Management.
Wall Street dealers are participating in sales of the
securities from the Bear Stearns hedge funds that endured
double-digit losses in April, based on subprime mortgage
market bets. Merrill Lynch & Co. has seized $800 million of
assets from the funds with plans to sell them today after a
failed recapitalization, sources familiar with the situation
said.
Read more at Reuters.com Bonds News
Stanley, include CDOs managed by Tricadia Capital, Strategos
Capital Management and Bear Stearns Asset Management.
Wall Street dealers are participating in sales of the
securities from the Bear Stearns hedge funds that endured
double-digit losses in April, based on subprime mortgage
market bets. Merrill Lynch & Co. has seized $800 million of
assets from the funds with plans to sell them today after a
failed recapitalization, sources familiar with the situation
said.
Read more at Reuters.com Bonds News
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