M*****5
发帖数: 11 | 1 这一周全是subprime mortage.到周五为止,Citibank,JPM,Bank Of America,Wachovia,
all 4 biggest banks and other major financial firms (MS,MER,WM,FNM)
announced huge write-downs, most bad news in subprime mortgage is out, this
is why we see the bleeding in financial stopped today.
The first round of subprime mortgage hit were in brokers, after Aug. storm,
some brokers completely closed the sub-prime mortgage business and laid off
a lot of people, Merril lynch is tardy and led to big write-downs and CEO
lost his |
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