Tuesday, 26 June 2007

Bear Stearns not planning to bail out second fund: source

(Reuters) - Merrill Lynch analyst Guy Moszkowski said on Monday that he
thought Bear Stearns may have to bail out a second Bear-managed
fund, the High-Grade Structured Credit Strategies Enhanced
Leverage Fund, which was down around 23 percent through the
first four months of the year.




But Bear does not plan a bail-out for that second fund at
this juncture, a source said. Bear Stearns declined to comment.


Read more at Reuters.com Bonds News

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