Caliber Global investment

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Bad US Loans Sink London Hedge Fund
Bad US Loans Sink London Hedge Fund

Bad US Loans Sink London Hedge Fund

Subprime mortgage crisis ripples through world market

(Newser) -  A London hedge fund is the latest casualty of the US subprime mortgage crisis that has already hit American investment companies, the Financial Times reports. After losing 53% of its value, Caliber Global Investment will sell its assets and try to repay $900 million to investors over the next...

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