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IPFS News Link • Economy - Economics USA

Refco's bond prices plunged to levels often associated with insolvency

NEW YORK (Reuters) - Potential buyers began circling Refco Inc. (NYSE:RFX - news) on Friday after the largest U.S. independent commodities brokerage shut down another major business as it battled for survival.

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Reported By Ernest Hancock

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Refco's bond prices plunged to levels often associated with insolvency

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