Bear Stearns slashes subprime exposure
(Agencies)
Updated: 2007-11-16 16:10
Updated: 2007-11-16 16:10
 Pedestrians walk outside the headquarters of Bear Stearns in New York City. Bear Stearns said Wednesday it had slashed its exposure to the US subprime credit crisis and would write off some 1.2 billion dollars in the fourth quarter in mortgage-related investments. [Agencies] |
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