1 Articles match "Bank","Bank Owned","Merrill Lynch"
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Foreclosure's Fallout, 2 Titans Tumble
Nobody knows how many billions of dollars the embattled bank has lost, but Wall Street investors are growing more concerned about the deteriorating housing market and the widening impact of the growing credit crunch. bank’s stock down 36 percent to date to $35.90 Another Wall Street firm, Merrill Lynch, lost a huge pile of money too. Every time Wall Street executives and economists think they have acknowledged the full extent of the subprime mortgage meltdown in the residential real estate sector, more bad news is uncovered. Last week, Citigroup’s chief executive
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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Foreclosure's Fallout, 2 Titans Tumble
Nobody knows how many billions of dollars the embattled bank has lost, but Wall Street investors are growing more concerned about the deteriorating housing market and the widening impact of the growing credit crunch. bank’s stock down 36 percent to date to $35.90 Another Wall Street firm, Merrill Lynch, lost a huge pile of money too. Every time Wall Street executives and economists think they have acknowledged the full extent of the subprime mortgage meltdown in the residential real estate sector, more bad news is uncovered. Last week, Citigroup’s chief executive
www.foreclosurepulse.com
- Tuesday, December 16, 2008