Question
According to the FCIC report Ralph Cioffi of Bearn Stearns co-managed two hedge funds that invested in sub-prime related assets. The leverage ratios of the
According to the FCIC report Ralph Cioffi of Bearn Stearns co-managed two hedge funds that invested in sub-prime related assets. The leverage ratios of the hedge funds were extraordinary. Each fund was operated with financial leverage in excess of 75/1.
is it true or false ?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
