Stock markets fall again as fears of a credit squeeze persist
Story date: 2007-08-15 12:55:00
Added on: 2007-08-18 16:24:54
Guardian Unlimited - The investor panic has gained momentum since problems first appeared in the segment of the US mortgage market aimed at people with poor credit histories, the sub-prime sector. Losses on so-called piggy-back loans - second mortgages to fill in where ...
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