Bear Stearns $30 billion mortgage portfolio falls 9 percent (Reuters)

Filed Under (Personal Finance) by admin on 23-10-2008

The Bear Stearns logo is seen at the lobby of the headquarters in New York March 26, 2008. (Shannon Stapleton/Reuters)Reuters - A Bear Stearns mortgage portfolio backed by the U.S. government racked up $2.7 billion of losses in the third quarter, amounting to a 9 percent decline on about $30 billion of assets, the Federal Reserve said Thursday.


--- Reuters ...

Leave a Reply