When the economy has been riding a good housing market I guess it is natural for the mortgage industry to impact the economy.
Stocks Plummet on Subprime Lender Woes: “Stocks plunged Tuesday, driving the Dow Jones industrials down more than 240 points in their second-biggest drop of the year, as troubles piled up for subprime lenders. “
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Subprime lenders shouldn’t be bailed out
Big drops in shares of sub prime lenders
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