of the total trillions worth mortgage loans in the US, what percent are subprime loans? ?
Sunday, November 16th, 2008
tariq h asked:
My guess is 95% of loans are not subprime and as such are NOT non-performing. If somene has $100 in the bank and $5 is eaten up it would not necessarily break the bank. Why is this exposure so burdensome that solid companies like lehman brothers are forced to go under?
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My guess is 95% of loans are not subprime and as such are NOT non-performing. If somene has $100 in the bank and $5 is eaten up it would not necessarily break the bank. Why is this exposure so burdensome that solid companies like lehman brothers are forced to go under?
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