Widening cracks in the West

Story date: 2007-11-12 03:56:00
Added on: 2007-11-12 06:00:22

Globe and Mail - Looking back, the warning signs were clear: instant credit approvals on everything from second mortgages to cars to vacations; oversubscribed low-yield debt issues funding highly leveraged takeovers; financial engineering so extreme that investors ...


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