KKR falls prey to subprime woes
A real estate investment fund owned by KKR suffered a 31 percent fall in its share price yesterday, after the vehicle was forced to sell $5 billion of residential mortgage loans at a loss.
12 January 2013•2 mins read
A real estate investment fund owned by KKR suffered a 31 percent fall in its share price yesterday, after the vehicle was forced to sell $5 billion of residential mortgage loans at a loss.
