Search results for subprime

Senate panel probes role of Moody's, S&P in mortgage crisis; execs concede mistakes, promise improvement. read more »
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Credit Suisse and UBS cut jobs due to subprime losses. Jobs to go mainly in mortgage backed securities business. read more »
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Timeline of the 2007 credit crunch. The beginning of the crisis is shown as q4 2006 with a slowing US housing market, subprime lender bankruptcies an read more »
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Huw Jenkins and Clive Standish go after losses mainly attributed to subprime fallout. Marcel Rohner who now takes control said "We will make an over read more »
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Citigroup CEO Charles Prince resigns after Citigroup says it may write down $11 billion of subprime mortgage losses in addition to a $6.5 billion wri read more »
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The International Organization of Securities Commissions has created a Task Force on the subprime crisis to review issues facing securities regulators read more »
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Wachovia has announced that it lost $1.1 billion on collateralized debt obligations (CDOs) invested in asset-backed securities in October. The bank s read more »
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State-run fund makes bad bets on mortgage-related investment choices read more »
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