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'Subprime' curse hits Merrill hard

Story date: 2007-10-30 03:02:00
Added on: 2007-10-30 09:30:35


Newark Star-Ledger - Mortgage companies: More than 50 mortgage lenders have gone out of business this year. New Century Financial, the nation's largest subprime lender, paid fat dividends to stockholders during the housing boom before going belly up earlier this year ...


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