(Bloomberg) -- Goldman Sachs Group Inc., JPMorgan
Chase & Co. and the rest of Wall Street are stuck with at least
$11 billion of loans and bonds they can't readily sell.
The banks have had to dig into their own pockets to finance
parts of at least five leveraged buyouts over the past month
because of the worst bear market in high-yield debt in more than
two years, data compiled by Bloomberg show.
Read more at Bloomberg Bonds News
Chase & Co. and the rest of Wall Street are stuck with at least
$11 billion of loans and bonds they can't readily sell.
The banks have had to dig into their own pockets to finance
parts of at least five leveraged buyouts over the past month
because of the worst bear market in high-yield debt in more than
two years, data compiled by Bloomberg show.
Read more at Bloomberg Bonds News
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