Monday, July 9, 2007

REFILE-Banks losing up to $52 bln from subprime CDOs -CS

(Reuters) - In June, fears of hedge fund losses in subprime mortgages,
or home loans made to borrowers with blemished credit
histories, rattled financial markets after news of hefty losses
at two funds managed by Bear Stearns .




Meanwhile, the London-based Credit Suisse analysts who
wrote the report said European banks will have less subprime
CDO losses than their U.S. counterparts.


Read more at Reuters.com Bonds News

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