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Investors fear spread of contagion to credit card debt

Story date: 2008-01-20 11:02:00
Added on: 2008-01-20 13:04:06


International Herald Tribune - Mortgage delinquency rates mainly reflected poor underwriting by lenders as the economy was still going strong during the time the risky loans were being made, he said. Still, there are trouble signs. Recent profit warnings from American Express and ...


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