i thought i'd start another thread for this evening.
Hedge Funds Circle $43-Billion Fire Sale
Fire sales worth up to $43 billion could soon spark a flurry of opportunistic investment, according to a recent report from the Royal Bank of Scotland, as the ongoing squeeze in the commercial paper market forces investment banks to liquidate holdings.
The urgency of the security sale could represent a great buying opportunity for cash-rich institutional investors, specifically hedge funds that operate in distressed debt, known as vulture funds, and Sovereign Wealth Funds.
http://www.cnbc.com/id/20572783
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