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Chapter 544 The first loss in history (8)
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... "It's really evil now, whoever gets a subprime mortgage will be unlucky. I have never seen anyone who is an exception!"
In the past year, companies including HSBC, New Century Financial Corporation, Lehman Brothers and Stanley have been involved in the subprime loan crisis. Among them, HSBC cut off their relevant departments in North America and prepared a large amount of funds as supplementary capital, while New World Financial Corporation directly declared bankruptcy and finished. The ...
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