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44%  
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Articles Posted by unique

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  • Cerberus to suspend withdrawals from fund

    12/23/2008 12:38:42 PM PST · by unique · 28 replies · 947+ views
    Reuters ^ | Tue Dec 23, 2008 2:34pm EST | Reuters
    NEW YORK, Dec 23 (Reuters) - Cerberus Capital Management CBS.UL plans to pay 20 percent of year-end withdrawals in cash and suspend the remaining withdrawals for investors in its Cerberus Partners fund, television network CNBC said on Tuesday. Snip