S&P keeps "on hold" rating on struggling Basis Capital hedge funds (AFP)

A house for sale in Virginia. Rating agency Standard & Poor's maintained its 'on hold' rating Tuesday for two hedge funds operated by Australia's Basis Capital that are exposed to the troubled US sub-prime mortgage market(AFP/File/Paul J.Richards)AFP - Rating agency Standard & Poor's maintained its 'on hold' rating Tuesday for two hedge funds operated by Australia's Basis Capital that are exposed to the troubled US sub-prime mortgage market.


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