(Reuters) - C-BASS faces a liquidity crisis that has forced its two
biggest investors, MGIC Investment Corp. and Radian
Group Inc. , to consider writing down more than $1
billion worth of their investment in C-BASS.
C-BASS said in a statement that it has been working with a
number of investors to resolve its liquidity problems and
create "a long-term partnership."
Read more at Reuters.com Mergers News
biggest investors, MGIC Investment Corp. and Radian
Group Inc. , to consider writing down more than $1
billion worth of their investment in C-BASS.
C-BASS said in a statement that it has been working with a
number of investors to resolve its liquidity problems and
create "a long-term partnership."
Read more at Reuters.com Mergers News
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