‘Tis bemusing to read of Basis Capital looking for someone to sue over its considerable problems. An appraisal of Basis by van Eyk Research indicates the difficulties started very much at home and were evident last year.
Absolute capital
More Oz hedge funds rocked by sub-prime mess in the US
Another hedge fund closes its doors in Sydney to investors, albeit temporarily, as it struggles to right the ship after being rocked by the growing credit crunch and the subprime mortgage mess in the US, writes Glenn Dyer.
