U.S. mortgage toll could keep soaring (International Herald Tribune)
Story date: 2007-10-25 03:52:04
Added on: 2007-10-25 21:00:16
Economists say the meltdown in the U.S. mortgage market could, all told, cost financial firms and investors $400 billion. That is far more than the roughly $240 billion that the U.S. savings and loan crisis of the early 1990s cost.
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