Friday links choose the default option

By Felix Salmon
April 3, 2009

Tom Hicks’ Sports Group Defaults On $525 Million In Loans: Another private-equity legend in difficulties.

G-20 and mark-to-market: Two blog favorites: Bob Teitelman concedes that blogs are “particularly suited” to covering this financial crisis — more than newspapers are.

Pimco Mortgage Fund: No Wonder It’s Slow Going: A $2.8 billion Pimco distressed mortgage fund is down 40% over the past year. So much for buying “beaten-down mortgage securities on the cheap“.

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