Here is the part I find most

[pencilneck]

Here is the part I find most interesting:

“Investor Redemptions

The Bear Stearns fund halted redemptions after investors sought to withdraw $300 million by June 30, the newsletter Hedge Fund Alert said last week.”

The fund is imploding and current investors can’t withdraw their money. Some of them have allegedly been attempting to withdraw their funds since February, and can not.