Dodd-Frank gives banks two years to liquidate most of their holdings in hedge and private equity funds.

It wasn't a good time to liquidate most of these holdings, but it looks like the cash is still with Saxton Silvers.

The $3-billion hedge fund firm run by Talal Shakerchi said it could liquidate most of its fund within a few weeks, the report said.

The chain has liquidated most of its assets, including inventory, store leases and intellectual property.

He told me that he and his sibling liquidated most of the assets his parents spent a lifetime building.

In 2010, Goldman Sachs liquidated most of the positions held by the principal strategies proprietary trading desk in its equities unit, the filing said.