well, it was only a matter of time really…

All locked-up | Economist.com:

NO ONE wants to be stuck in a house when the floor is shaking underfoot, however palatial the mansion. Some investors have found this out the hard way as subprime-related troubles have rattled parts of the hedge-fund industry, leading to steep losses at funds such as Sowood Capital, Basis Capital and United Capital Asset Management. Until recently, investors were jostling with each other to gain access to the best alternative investments. Of those who got in, some now face the opposite problem: how to get out.