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Text size [+][-]  Friday November 20 2009GLOBAL EDITION

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13 Mar 2008 20:52

Grin and Bear it

By Richard Beales

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The investment bank isn’t in the same dire straits as the credit fund. Bear may be highly leveraged, but it’s bigger, more diversified and more sophisticated. Still, it’s one of Carlyle Capital’s creditors, and it’s suffering from a version of the same counterparty wariness.

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