http://householdwatch.com/wp/2007/07/23/sameer-al-ansari-underestimates-hsbc-finance-corporation News Release - HSBC news, articles, and editorials Wed, 03 Dec 2008 19:44:51 +0000 http://wordpress.org/?v=1.5.2 http://householdwatch.com/wp/2007/07/23/sameer-al-ansari-underestimates-hsbc-finance-corporation#comment-31793 Tue, 24 Jul 2007 05:35:47 +0000 http://householdwatch.com/wp/2007/07/23/sameer-al-ansari-underestimates-hsbc-finance-corporation#comment-31793 No wonder, of course. Almost a hundred lenders to the sub-prime borrowers have been hit — and something like $700 billion worth of such loans now exceed the value of the mortgaged houses! Estimates of losses in the sub-prime Collateralised Debt Obligations range from $50 billion to $90 billion — even some pension fund investors may suffer. No wonder, of course. Almost a hundred lenders to the sub-prime borrowers have been hit — and something like $700 billion worth of such loans now exceed the value of the mortgaged houses! Estimates of losses in the sub-prime Collateralised Debt Obligations range from $50 billion to $90 billion — even some pension fund investors may suffer.

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