Thursday, Feb 22, 2007

US subprime meltdown expands

bloomberg: Subprime collapse

Yet more bad news as the subprime problems in the US worsen - yet another big subprime lender in trouble and the costs of 'insuring' these toxic loans soars.......

Posted by andy h @ 12:52 AM (142 views) Add Comment

2 Comments

1. sovietuk said...

Will a subprime lender (A*b**y) in the UK be in a similar position soon?

Thursday, February 22, 2007 11:07AM Report Comment
 

2. lvmreader said...

@SovietUK

It may possibly be about to impact ALL the major banks. Especially some Scottish Banks.

Friday, February 23, 2007 03:57PM Report Comment
 

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