Items Tagged with 'Carlyle Capital Corp'

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  • End of the Road for Carlyle Capital?

    Carlyle Capital Corp., a listed mortgage bond fund that has seen its investments in agency-backed mortgage securities sour, said Thursday that it could not reach an agreement with its lenders over more than $400 million in margin calls. The failed discussions likely signal the end of the road for the highly-leveraged fund, which found itself caught when prices of Fannie Mae and Freddie Mac-backed MBS tanked starting last week.
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