Sunday, Mar 11, 2007
Support Your Local Analyst
New York Times: Crisis Looms in Market for Mortgages
On March 1, a Wall Street analyst at Bear Stearns wrote an upbeat report on a company that specializes in making mortgages to cash-poor homebuyers. Last week, the company said it would stop making loans and needed emergency financing to survive. The stock collapsed to $3.21.
Posted by daintydiana @ 03:42 PM (155 views) Add Comment
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