Bear Stearns' Subprime Bath

Quote from THE-BEAKER:

this is causing a lot of market jitters at the moment for your guide guys


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I still think the whoel subprime mess will not be as big a problem as many now feel. I could be wrong but after hereing all the doom and gloom that was going to happen to the Australian market that didnt happen I feel it may be much the same in the US though the market is MUCH bigger and more risky loans were made I still dont think many of the warnings will come into the mainstream world.
 
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