Credit Suisse Warns of Further Losses

ZURICH -(Dow Jones)- Credit Suisse Group (CS) Thursday poured cold water on hopes the banking industry was on the mend as it warned that difficult market conditions in March will likely lead to a ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , March 25th, 2008

Wall Street May Face $460 Billion Credit Losses, Goldman Says

March 25 (Bloomberg) -- Wall Street banks, brokerages and hedge funds may report $460 billion in credit losses from the collapse of the subprime mortgage market, or almost four times the amount already disclosed, according ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , March 25th, 2008

Credit losses from mortgage crisis could hit $400B

NEW YORK — Total credit losses from the mortgage meltdown could total nearly $400 billion, with about half that amount being borne by U.S. financial institutions, according to new research released Friday. The overall economic impact ... More... (Mortgage News)
Add a Comment , , , March 1st, 2008

Mortgage mess socks ex-Goldman Sachs stars

A smart bet on the collapse of the subprime housing market comes back to bite Geoff Grant and Ron Beller. NEW YORK (Fortune) -- Not long ago, Goldman Sachs alums Geoff Grant and Ron ... More... (Mortgage News)
Add a Comment , , , March 1st, 2008