Landing hard on leverage's downside

Courtesy Marketplace  Thu, 05/01/2008 - 16:06

Homeowners aren't the only ones who've gotten up to their ears in debt in the subprime loan debacle fallout. Investment banks and hedge funds have gotten into trouble by borrowing more and more to finance their investments.

Amy Scott reports.


 

More related items

Bernanke: Broaden financial oversight
The Chairman of the Federal Reserve Bank said today that the financial storm isn't over, but inflation should ease. Bernanke also spoke of ways to...

Prosecutors investigate 'ice fixing'
Wholesale ice is a nearly $2 billion market in the U.S. and it's controlled by just three companies. Now federal prosecutors think they may be...

Credit card users cutting back
Visa and MasterCard are still making plenty off our credit card use, but both companies report we're slowing our swiping of the plastic. Amy Scott...

Is market 'fix' tomorrow's crisis?
A year into the debt debacle, radical change looms as the US government ponders drastic measures to revive the financial system. Will they work? Who...

Tamron 18-270mm f/3.5-6.3 Di II VC LD Aspherical IF Macro Lens...
With the advent of the latest 15X zoom lens from Tamron, the pioneer of high power zoom lenses, the high power zoom lens has steadily evolved from a...

The Essays of Warren Buffett: Lessons for Corporate America,...
The definitive work concerning Warren Buffett and intelligent investment philosophy, this is a collection of Buffett's letters to the shareholders of...

Sony Alpha A700 12.24MP Digital SLR Camera with 18-200mm...
With better than 11x zoom range, this SLR digital-camera moves you forward to a new scale of digital photography. Enjoy the all-new Sony a (alpha)...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com