Monday, July 10, 2017

Crisis Flashback: The Big Downgrade That Fueled a Subprime Crash

Bloomberg Crisis Flashback: The Big Downgrade That Fueled a Subprime Crash Bloomberg "I'd like to know: Why now?" asked Steve Eisman. It was July 10, 2007, and the hedge fund manager was on a 10 a.m. conference call with analysts at Standard & Poor's, which had just decided to put $7.3 billion of subprime mortgage bonds on watch for ... and more »...(read more)
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