All of the fund's remaining assets "will be liquidated by a court appointed liquidator;" although there is unlikely to be much left after Carlyle Capital's lenders served default notices on all funding lines of its $21.7 billion portfolio of mortgage-backed securities. Although Carlyle Group had floated the idea that there might be ways to compensate shareholders for losses last week, spurring a surge in the fund's stock, Carlyle Capital's latest statements indicated there won't be any money left for shareholders.
See the full story from TheDeal.com and in The Daily Deal. -- George White
See Carlyle Capital press release
See Dealscape post on Carlyle Capital's collapse
