S&P Downgrades $4.6 Billion of 2005 Subprime Bonds (Update1)
Story date: 2007-10-15 03:37:00
Added on: 2007-10-15 22:00:18
Bloomberg - Many borrowers will be unable to meet their debt payments and may be unable to refinance, leading to rising delinquencies, S&P said. ``It is more about delinquencies than actual losses,'' said Robert Pollsen, an S&P subprime bond ...
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