Panic of 1907 pales in comparison to risks of global market
Story date: 2007-10-21 05:36:00
Added on: 2007-10-21 07:00:19
International Herald Tribune - Unlike past panics, or even the crash of 1987, the current credit turmoil has affected ordinary consumers who merely want to secure a mortgage or refinance a loan. Rates have spiked for even the best-qualified borrowers, and home buyers with less ...
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