Housing, Credit and the Economy: At an Inflection Point

Posted by on April 13th, 2008 at 03:29pm

[Technorati] Tag results for finance wrote an interesting post today on
Here’s a quick excerpt
Housing, Credit and the Economy: At an Inflection Point April 13th, 2008 Sub-Prime Mortgages have been at the top of the air-waves for about a year now. The collapse of two hedge funds run by Bear Sterns started the procession. Numerous Wall Street executives have lost their jobs and banks have been writing down about $250B in losses attributed to products linked to sub-prime mortgages. Last week two major the chief executives at two major Wall Street firms made some encouraging statements a

Read the rest of this great post here

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