Markets Gird for Fallout from Subprime Loans

Posted by Kendall Harmon

The world's financial markets are bracing for another volatile week as investors worry about the effects of widening losses tied to subprime mortgages. On Friday, the U.S. Federal Reserve pumped more liquidity into the banking system to reassure the financial markets after similar action by the European Central Bank and other central banks in Asia.

Adam Davidson talks to Rebecca Roberts about the potential fallout, both at home and abroad.

Listen to it all from NPR.

Filed under: * Economics, PoliticsEconomy

Posted August 12, 2007 at 4:38 pm [Printer Friendly] [Print w/ comments]
Registered members must log in to comment.

Next entry (above): Sam Dealy: An Atrocity That Needs No Exaggeration

Previous entry (below): Time Magazine: Billy Graham, Pastor In Chief

Return to blog homepage

Return to Mobile view (headlines)