51.   But when the government defaulted on the bills, investment companies and banks were left holding millions of dollars of worthless paper.

52.   Chase will sell the securities, which will be backed by commercial and residential mortgages, through a real estate investment company, or REIT.

53.   Chilean stocks slid after a leading Spanish utility delayed a decision on whether to bid for shares in five investment companies.

54.   Chilean stocks were little changed as hopes faded that a Spanish utility would bid for shares in five investment companies.

55.   Chinese investment companies, or red chips, slumped for a third day after spiraling to records in recent weeks.

56.   Chilean stocks fell after newspapers reported that talks over the purchase of five investment companies by a leading Spanish utility had broken down.

57.   Citic, a Beijing-backed investment company, is also a shareholder in Cathay and Dragonair and has formed joint ventures with Swire.

58.   Clinger said a promissory note from Corridor was the primary source of income for First International Inc., an investment company in which Brown once held a major interest.

59.   Chilean stocks gained as investors speculated a Spanish utility plans to buy up shares in five investment companies.

60.   Chilean stocks traded mixed of fading hopes that Spanish utility Endesa would bid for shares in five investment companies.