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Solent Capital hit by sub-prime crisis

Story date: 2007-08-20 03:58:00
Added on: 2007-08-20 20:35:08


Daily Telegraph - ... move that effectively offers a government floor - until it starts trading again. The Fed slashed the interest rate it charges banks by 0.5 percentage point on Friday after Countrywide Financial, the biggest U.S. mortgage lender, Australia's Rams Home ...


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