Central Banks Map a Middle Course

Story date: 2007-10-17 05:29:00
Added on: 2007-10-17 21:38:28

Wall Street Journal - The merry-go-round of rising housing prices stopped early in 2006. Builders were thrown off first, then subprime borrowers. Because these homeowners could no longer tap rising home values to refinance mortgages they couldn't afford, defaults and ...


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