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More banks could join the red-flag parade

Story date: 2007-10-01 12:41:00
Added on: 2007-10-01 13:00:18


CNN Money - After warnings by Citi and UBS, JPMorgan and others could follow with bad news ... could fall 60 percent because of its exposure to subprime-backed mortgage securities. ... made a killing slicing up bonds backed by home loans to borrowers with poor credit ...


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