Bernanke sees 'significant' losses from subprime loans (AFP)

Federal Reserve chairman Ben Bernanke, seen here during House testimony on 18 July 2007, said Thursday he expects "significant financial losses" from failed subprime real estate loans but only a limited effect on the overall economy.(AFP/Getty Images/File/Chip Somodevilla)AFP - Federal Reserve chairman Ben Bernanke said Thursday he expects "significant financial losses" from failed subprime real estate loans but only a limited effect on the overall economy.


More: continued here

» You can leave a comment, or trackback from your own site.

Fed chief says subprime losses could hit $100bn (FT.com)

...

Bernanke says subprime losses could reach $100 bln (Reuters)

...

Subprime losses could hit $100 billion: Bernanke (Reuters)

...

Year in Review: SKY Sotheby?s Sees Significant Increases in Earnings, Listings and Associates

...

Alt-A Lender Recinds Earnings Guidance In Wake Of Loan Losses

...

Leave a Comment