Posted AT 6:25 AM EST on 21/12/07
Subprime infections make financial sector a ticking time bomb
If this were any other time, you'd be tempted to say financial sector stocks are bargains. But this isn't any other time.This is a time when the subprime crisis is spreading like an unsightly rash across the industry. Just yesterday, two more big names lifted the veil to expose their infections.
MBIA Inc., the world's biggest bond insurer, revealed that it has guaranteed a whopping $8.1-billion (U.S.
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