A chilling confluence - WatersTechnology.com

WatersTechnology Staff
01 Mar 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

While this may read like hyperbole for the sake of alliteration, recent and unfolding events impacting hedge funds' prime broker relationships and investors, nonetheless warrant close attention.

Prime broker liability

First, a federal bankruptcy judge in New York ruled last month that Bear Stearns must pay almost $160 million to investors in Manhattan Investment Fund, a hedge fund and prime brokerage that collapsed in 2000 after losing about $400 million in bad technology bets, and whose

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]