Caught in the Mortgage Spiral, FBR Triples Its 3rd-Quarter Loss (Washington Post)
Story date: 2007-10-25 10:46:36
Added on: 2007-10-26 09:27:16
Friedman Billings Ramsey Group, the Washington area's largest investment bank, said its losses tripled in the third quarter compared with a year ago following declines in the mortgage market and the sale of a subprime mortgage lender.
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