… be heading into an unexpectedly severe downturn, blaming cheap lending. For the BIS, the sub-prime mortgage market, or credit given to borrowers with poor credit ratings, was not a root …
See the rest here:
Credit crunch leads to $583bn in writedowns
Tags: about-this-site, advertise, advertising, all-services, automotive, ein-news, energy, finance, health, investing, media, military, movies, music, Real Estate, realestate, religion, software, technology, travel
Leave a Reply
You must be logged in to post a comment.