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10 years since the financial crisis: June 2007 – Bear Stearns Hedge Funds, Enhanced Leverage and Frozen Markets – The start of the credit crunch
Bear Stearns Hedge Funds, Enhanced Leverage and Frozen Markets – The start of the credit crunch On June 7th 2007, Bear Stearns sent an email to investors in two hedge funds – the High Grade fund and the Enhanced Leverage…