by Calculated Risk on 11/23/2006 01:11:00 AM
Thursday, November 23, 2006
UBS: 2006 Subprime Loans Doing Badly
From AP: UBS: 2006 Subprime Loans Doing Badly
Subprime loans ... in particular those used to back mortgage bonds, could prove to be one of the worst-performing groups yet, according to UBS.