Beth-phelet Site Admin
Joined: 22 May 2006 Posts: 7403
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Posted: Tue Aug 19, 2008 11:00 pm Post subject: Trillions of Dollars of Mortgage-Baceked Securities |
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“We have a <b>subprime</b> financial system,” he said, “not a <b>subprime mortgage</b> market.” Roubini argues that most of the losses from this bad debt have yet to be written off, and the toll from bad commercial real estate loans alone may help <b>...</b>
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