Monday, December 10, 2007

Another Sign of the Subprime Mess

UBS burdened by subprime loans, Genesco | IndyStar.com:

"NASHVILLE, Tenn. -- Swiss bank UBS, which has asked a federal judge to let it out of a deal to fund Indianapolis-based Finish Line Inc.’s buyout of Genesco Inc., said today it will write down $10 billion of subprime mortgage holdings."

My Bloglist (Political Mostly)

My News Feeds List

Subscribe to get e-mail updates from Trifles

Enter your Email


Preview | Powered by FeedBlitz

Topics I have written about

Add to Technorati Favorites

Followers

Statcounter