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Old 03-19-2008, 07:28 AM
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Default The global effects of the disaster that is the US subprime mortgage market

Following on from the discussion, me and some of the other brothers were having in the Bear Stearns thread, here are some recent stories:


HSBC, the UK's biggest bank, and one of the biggest banks in the world, announces $17bn loss as a result of the US credit crisis

BBC NEWS | Business | HSBC in $17bn credit crisis loss



European share markets hammered by credit crisis

BBC NEWS | Business | Shares steady after bank worries



Lehman Brothers and Goldman Sachs both saw their profits more than halved in the first quarter of 2008.

BBC NEWS | Business | US bank profits more than halved



The US subprime crisis in graphics

BBC NEWS | Business | The US sub-prime crisis in graphics
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