Friday, July 11, 2008

The National Australia Bank says it may have to increase its provisions for exposure to $1 billion in subprime assets or collateralised debt obligations (CDOs).

Freddie Mac, Fannie Mae hurting in subprime fallout

Freddie Mac and Fannie Mae are American household names and were created decades ago to foster affordability and stability in the US housing market

Posted by big chris @ 07:57 PM (391 views)
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