Once again the pressure is rising on world financial markets, especially banks and brokerages in the US as reports of losses and warnings about the intensifying pain from the subprime mortgage crisis continue to grow, reports Glenn Dyer.
Mortgage insurers
Macquarie Fortress besieged by subprime problems
If you’d woken up on Monday morning and wondered, “what will we see in the financial markets this week, more subprime problems?” you’d have been right, writes Glenn Dyer.
