Monday, October 29, 2007

American Nightmare – Subprime

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 (767 views)
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One thought on “American Nightmare – Subprime

  • 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.

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