Derivatives Accounting &  FASB
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Lenders Pull Assets as Hedge Funds Near Collapse

NPR All Things Considered
Jim Zerolli (Host) with guest Janet Tavakoli - June 20, 2007

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All Things Considered, June 20, 2007 · Investors in the bond market are nervously watching developments at Bear Stearns. Two of the firm's hedge funds are experiencing heavy losses as problems in the sub-prime mortgage market worsen. Merrill Lynch has apparently decided to pull the plug on its investments in the two funds, which is forcing Bear Stearns to scramble to find additional financing.



Bear Stearns (Funds) Takes a Subprime Hit

American Public Radio MarketPlace
Amy Scott (Host) with guest Janet Tavakoli - June 20, 2007

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