Wall Street Credit Costs Surge on Widening Spread to U.S. Rates

Story date: 2007-09-08 05:54:00
Added on: 2007-09-09 21:00:18

Bloomberg - ... S. asset-backed securities, such as bonds that repackage subprime loans or credit ... As mortgage applications drop, Lehman, the biggest underwriter of bonds backed by ... notes in August, after two of the firm's hedge funds collapsed because of bad ...


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