Bear Stearns Says Battered Hedge Funds Are Worth Little
293390
The company told investors that two of its troubled hedge funds that bet heavily on risky subprime loans now have âvery little value.â
580357
Stock index futures fell on Wednesday as news that deep losses on subprime mortgage bonds have left two Bear Stearns hedge funds almost worthless further worried investors already edgy after lackluster results from Intel Corp.  and Yahoo Inc.
108412
Bear Stearns Cos. Inc.  does not plan to bail out the second of two struggling hedge funds -- citing stabilizing markets -- but the subprime loan woes that brought the funds down continue to rattle investors.
318546
Investment bank Bear Stearns Cos. Inc.  , one of the nation&#39;s largest mortgage bond  underwriters, said on Thursday quarterly earnings fell by a  third as trouble in the mortgage market hurt bond trading  revenue and it wrote down assets.
488119
A hedge fund managed by Bear Stearns  Cos. Inc.  is scrambling to sell large amounts of  mortgage-backed bonds in a potentially troubling sign for the  broader mortgage-backed bond market, The Wall Street Journal  reported in its online edition.
159863
Bear Stearns Cos. Inc.  on Friday said it would provide up to $3.2 billion in financing for a struggling hedge fund it manages, raising concern about other funds that invested in bonds linked to subprime mortgages.
439592
Profits at US bank Bear Stearns fall 61% as a result of the credit crisis and exposure to sub-prime debt.
236828
Brokerage Bear Stearns Companies  BSC.N on Wednesday said quarterly profit fell 10 percent hurt  by lower investment banking revenue and higher expenses.
249754
Investment bank Merrill Lynch  has seized $400 million in assets of a troubled hedge fund at Bear Stearns Cos. Inc.  and plans to sell them off, The Wall Street Journal reported in its weekend edition.
758921
Hedge fund managers are accusing Bear  Stearns Cos.  of trying to manipulate the market in  securities based on subprime mortgages, the Wall Street Journal  reported in its online edition.
619499
Barclays PLC  may have tallied big losses in a Bear Stearns Cos.  hedge fund that invested in risky mortgages, The Wall Street Journal reported on Saturday.
53015
A hedge fund group is pressuring CNet for changes. Usually that means the investors think the company is undervalued and want to push management to sell.
444367
Investors in Bear Stearns Cos.  hedge funds that were virtually wiped out from large bets on risky mortgages are planning to sue the company as early as Monday, television channel CNBC reported on Friday.
376890
Bear Stearns Cos., the fifth-biggest U.S. investment bank, said Thursday fiscal second-quarter profit sank as a downturn in the U.S. mortgage market slammed the company's business of issuing and dealing bonds backed by pools of home loans.
174091
Bear Stearns Cos Inc  on Thursday reported its first quarterly loss in the company's history, capping a fiscal year when the fifth-largest U.S. investment bank took a beating on bad bets on risky subprime mortgages.
457568
"Icky" is the only word for Bear Stearns' hedge fund debacle.
628309
Barclays PLC  may have tallied  big losses in a Bear Stearns Cos.  hedge fund that  invested in risky mortgages, The Wall Street Journal reported  on Saturday.