Barclays denies bad debt rumour

Story date: 2007-11-09 12:20:00
Added on: 2007-11-09 16:00:07

BBC News - The credit crisis has been sparked by bad debt in the US household mortgage sector, specifically sub-prime home loans. As US mortgage rates have risen sharply over the past year, the sub-prime sector, which specialises in loans to people with poor ...


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