ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Criminal Law Blogs -> SECLaw.com

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Criminal Law

: SECLaw.com

Subprime Losses Could Reach $400 Billion

By Mark H. Astarita, Esq.

Banks worldwide may lose as much as $400 billion from subprime mortgages, as at least one in four of the risky home loans go into default, analysts said on Monday. Mike Mayo, an analyst at Deutsche Bank Securities, estimated $150 billion to $250 billion of losses based on $1.2 trillion of U.S. subprime loans, and an additional $150 billion of losses on derivatives linked to subprime debt. CNBC.com

Full post as published by SECLaw.com on November 14, 2007 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Lawsuits and Settlements

Goldman Sachs
Agrees $60 Million Subprime Settlement in Massachusetts

Stock Market Losses
alleging bad financial advice and conflicts of interest.

Mutual Fund Losses
alleging financial advisors breached fiduciary duties by not looking out for investors best interests.

Native American Farmers, Ranchers and USDA Reach Historic Settlement
Native American Farmers, Ranchers and USDA Reach Historic Settlement

US Settles Indian Lawsuit for $3.4 Billion
US Government Settles Indian Lawsuit for $3.4 Billion

US Reality TV Shows
Reach Tentative $4 Million Settlement

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.015 secs (new cache)