Hoosier Dome: Here Is "Gate" #2: $1.3 Billion Hedge Fund Founded By Ex-Bear Stearns Traders, Just Suspended Redemptions

Saturday, December 12, 2015

Here Is "Gate" #2: $1.3 Billion Hedge Fund Founded By Ex-Bear Stearns Traders, Just Suspended Redemptions

...And here is the punchline:

Alan Jay Mintz, CPA, a co-founder of Stone Lion Capital was Co-Head of the Distressed Debt and High Yield trading group at Bear Stearns

Gregory Augustine Hanley, a co-founder of Stone Lion Capital was Co-Head of the Distressed Debt
and High Yield trading group at Bear Stearns

One really couldn't make this up.

Hoosier's note:

Just before the 2007-2008 Global Financial Crisis, some funds or SIVs (Structured Investment Vehicles) (I believe among them were the SIVs from Citigroup) were forced to close down.

History does rhyme!