Allianz, Axa Record Profit Precluded Subprime Debt Temptation
Story date: 2007-10-12 12:25:00
Added on: 2007-10-12 03:00:22
Bloomberg - ... earnings from underwriting precluded the temptations of U.S. subprime mortgage ... July and August after rising defaults on U.S. home loans to buyers with poor credit ... Unprofitable underwriting, equity writedowns and rising bad-loan provisions at ...
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Allianz, Axa Profits Precluded Subprime Temptation (Update2)
Bloomberg - ... from underwriting helped them resist the temptations of U.S. subprime mortgage ... July and August after rising defaults...
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2007-10-22 04:25:00