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Jun 26, 2009
The Wall Street Journal first broke the story in December 2007 when it reported that Columbia Management was shutting down its Columbia Strategic Cash Portfolio fund. The reason behind the liquidation of one of largest enhanced cash ...
Sep 28, 2009
It's $21M of cash, and $3.1M in Bank of America Columbia Strategic Cash Portfolio (more on this below) against total liabilities of around $0.03M (that's ~$27000). We've set out the valuation below in the usual manner (the “Book Value” ...
Dec 10, 2007
If you like whodunits, this is fun. Reuters, CNN, and the New York Times managed a hundred words or so. Bloomberg got the actual story. The fund was a $33 billion dollar fund, minimum $25 million, top end of the investment markets.
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