Thursday, June 21, 2007

The subprime meltdown, continued - Bearish turns

American shares and bonds wobbled as two hedge funds managed by Bear Stearns came close to collapse after suffering heavy losses in the subprime mortgage market.

Read the full article at Economist.com - http://www.economist.com/printedition/displaystory.cfm?story_id=9378742

Publish Date: June 21, 2007
Source: The Economist

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