Unhinged Fund Update

We're still at 11 (as far as I know). However, we now have answers to the Bear Stearns' funds. The Leveraged fund is worthless, and the other fund nine cents on the dollar, according to Marketwatch.


# 11

Fund: Dillon Reed Capital Management.Affiliation: UBS.Size: $1.2 B (at least)Losses: $300 M (at least)
Fund: High-Grade Structured Credit Strategies Enhanced Leveraged Fund. Affiliation: Bear Stearns. Size: $638 M. Status: nothing left. Losses: $638 M.
Fund: High-Grade Structured Credit Strategies Fund. Affilliation: Bear Stearns. Size: $925 M. Status: closing. Losses: at least $842 M.
Fund: Caliber Global Investment. Affiliation: Cambridge Place Investment Management. Size: $908 M. Status: closed. Losses: ?
Fund: Horizon ABS Fund L.P. Affiliation: United Capital Markets. Size: $900 M. Status:redemptions suspended . Losses: ?
Fund: Horizon Fund L.P. Affiliation: United Capital Markets. Size: $620 M?Status:redemptions suspended. Losses: ?
Fund: Horizon ABS Fund Ltd. Affiliation: United Capital Markets. Size: included in ABS Fund L.P. Status: redemptions suspended. Losses: ?
Fund: Horizon ABS Master Fund Ltd. Affiliation: United Capital Markets. Size: included in ABS Master Fund L.P. Status: redemptions suspended. Losses: ?
Fund: Galena Street Fund. Affiliation: Braddock Financial Corp. Size: $400 M. Status: closed. Losses: $100 M.
Fund: Queens Walk Investment Ltd. Affiliation: Cheyne Capital Management. Size: $91 M. Status: closed or threatened. Losses: ?
Fund: Brookfield Securities. Size: $19 M. Status: closed. Losses: $22 M.