NEW YORK (Reuters) – The U.S. Treasury Department said on Wednesday it froze a $1 billion public-private investment fund set up by TCW Group Inc to buy toxic financial assets, saying the departure of star manager Jeffrey Gundlach triggered a “key person event” in the partnership.
Here is the original:
U.S. Treasury suspends TCW’s toxic asset fund
Leave a reply
You must be logged in to post a comment.