Click on the post for an article in Yahoo news that reviews the fact that the increase in delinquicies of the past months have been due to traditional loss of job, medical bills, and divorce etc., and not subprime alone.
That news is not what the market had hoped for, and explains the reaction
of the market downwards.
Stay tuned.
Sunday, July 29, 2007
Yahoo Finance: Subprime woes could get worse; Market notes
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