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Home » Store » News » Subprime Writedowns to Top $20 Billion in First Quarter of 2008

Subprime Writedowns to Top $20 Billion in First Quarter of 2008

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Investment banks continue to write down their subprime mortgage holdings, even after taking massive hits on the collateral in previous quarters. The moves suggest that the subprime market has not yet hit bottom, especially as the rating... [Includes one chart]
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