Banks May Pool Billions to Stop Securities Sell-off

Story date: 2007-10-13 03:40:00
Added on: 2007-10-13 16:00:20

New York Times - They are supposed to be financed through the issuance of commercial paper backed by pools of home loans and credit card debt, but the loss of confidence in the quality of subprime mortgage bonds has also tainted these securities. Analysts say that ...


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