An article by Michael Lyster at the Orange County Business Journal suggests that Bear Stearns’ purchase of ECC was driven by a margin call from the Wall Street firm that ECC did not have the liquidity to cover.
0 minute readStartling Bear Stearns/Encore Credit deal details emerge
February 16, 2007, 11:41am
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio
