THURSDAY MARCH 13
Stiff Upper Lip Check

From New York to Colorado to Amsterdam, hedge funds are cratering amid a flurry of redemptions. The latest victims include a $12 billion global macro fund whose investors are begging for their money back; an $870 million fund that’s blocking withdrawals (supposedly to prevent fire sales of the stocks they hold of small companies); and a muni bond fund that’s hanging by a thread after losses of 80%. Here, the list of casualties.

March 2008

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