Tag Archives: sub prime mortgages


Case will throw light on funds before Bear Stearns collapsed

Daily Telegraph – The funds collapsed as billions of dollars of bets made on mortgage-backed bonds and collateralised debt obligations (CDOs) unravelled, and when the time came to try to sell some of the funds’ sub-prime mortgages, no one wanted […]

Obama’s Interview on ‘The Tonight Show’ / regarding hedge funds and AIG

FOXNews – MR. LENO: Tell people what happened. I know people have been over it, just – MR. OBAMA: Well, look, here’s what happened. You’ve got a company, AIG, which used to be just a regular, old insurance company. Then […]

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