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Magnetar Probed Over NIR-Linked CDO

Fri, 18 May 2012 03:24:59 GMT

Magnetar Capital's name has been bandied about in several collateralized debt obligation investigations in recent years. Now, the Securities and Exchange Commission is probing the Evanston, Ill.-based firm's role in building some of the $30 billion in CDOs that it invested as much as $5 billion or more on in 2006 and 2007, including a CDO that embattled NIR Group served as collateral manager.

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