U.S. Stocks Drop, Led by Banks, as Foreclosures Climb to Record

Story date: 2008-03-06 12:16:00
Added on: 2008-03-06 14:14:41

Bloomberg - The collapse in subprime mortgages has caused at least $181 billion of writedowns and credit losses worldwide, prompting banks ... rivals had their first-quarter profit estimates cut by Keefe, Bruyette & Woods Inc. analyst Lauren Smith for the second time ...


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