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SIV assets tumble to 50% of pre-crisis value

The value of structured investment vehicle assets declined by almost 50% in the closing months of 2007, according to rating agency Moody's. "The sector reported a decline in assets under management from almost $400 billion in July 2007 to around $300 billion by mid-November and around $200 billion by mid-December 2007," says Henry Tabe, managing director for SIV ratings at Moody's.

Managers and

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