BRIEF OBJECTS

BRIEF OBJECTS

BONDBOOK SHUTS DOWN

Bondbook closed down its online dealing platform for US high-grade and high-yield corporate bonds after operating only eight months. The platform’s format was unique, offering equal access to the buy and sell sides and allowing buy side firms to trade with each other. All 62 employees were laid off as of Oct. 31. The site struggled in the wake of the Sept. 11 terror attacks, as its high-profile backers, which included Merrill Lynch, Goldman Sachs and UBS, shifted their

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