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imageHome : Mortgage News : Yahoo! News: Business - Real EstateYahoo! NewsBanks losing up to bln over subprime (Reuters)

Yahoo! News: Business - Real EstateYahoo! NewsBanks losing up to bln over subprime (Reuters)

on 08 July, 2007 23:37:50 | 47 times read

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image Business - Real Estate

In this file photo a foreclosure sign in front of a home at 1456 Albillo Loop in Perris, California May 2, 2007. Credit Suisse analysts estimated banks could lose up to billion over time due to their exposure to collateralized debt obligations that invested in U.S. subprime mortgages. (Mark Avery/Reuters)Reuters - Credit Suisse analysts estimated banks could lose up to billion over time due to their exposure to collateralized debt obligations that invested in U.S. subprime mortgages.



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