Subprime Mortgages

Subprime Mortgages

How will subprime mortgages, and more importantly defaults of subprime mortgages impact the real estate market as well as the US economy as a whole?

Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime-mortgage market were acquitted Tuesday of lying to investors — a defeat in the government's bid to punish fraud exposed by the financial crisis.  
From denverpost.com ()
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