The credit crunch is starting to really affect investors as direct and indirect costs from the credit crisis compound other financing issues. The issues that Goldman Sach’s Global Equity Fund and giant LBO firm KKR are experiencing are excellent examples of how the problems spread. Goldman’s Global Equity Fund has been struggling as international stocks decline. To support the giant hedge fund Goldman and other partners are injecting $3 billion of new capital. This will reduce current[...]
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[Source: The Money Blogs]
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