Subprime lender


The global cost of the subprime crisis continues to rise

The cost of the subprime crisis continues to mount around the world, not just on Wall Street. To date, the total cost stands at around $US50 billion and rising, writes Glenn Dyer.

Subprime mess brings more US job losses

The job losses from America’s subprime mortgage mess continue to mount with another 3,700 people being fired today.