CDO Losses May Double at Merrill, Other Banks, JPMorgan Says
Story date: 2007-11-27 10:11:00
Added on: 2007-11-27 20:00:33
Bloomberg - Credit losses on subprime, Alt-A and second mortgages made in the past three years will rise to $394 billion, excluding the effect of CDOs and credit-default swaps linked to the loans, UBS said. Collateralized loan obligations, which ...
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