Monday, Oct 29, 2007
American Nightmare - Subprime
BBC: american nightmare
The crisis in US subprime mortgages has fallen hard on the city of Cleveland, Ohio, where as many as one in six households have been affected.
Posted by seanb303 @ 01:13 PM (391 views) Add Comment
1 Comment
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1. alan said...
The Head of Merryl Lynch is on his way after a loss of $8.4bn - partly due to Sub-Prime.
It seems like sub-prime upset is far from over, as I postulated last week, giving the evidence from Credit Suisse.