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Wednesday, August 1, 2007

Bear Stearns Halts Redemptions on Third Hedge Fund

" Bear Stearns Cos., manager of two hedge funds that collapsed last month, halted redemptions from a third fund after a slump in credit markets prompted investors to demand their money back. "

Source: Bear Stearns Halts Redemptions on Third Hedge Fund (Update1) (http://www.bloomberg.com/apps/news?pid=20601010&sid=as4Ljb0FH2kY&refer=news)