23
Oct
Bear Stearns $30 billion mortgage portfolio falls 9 percent (Reuters)
Filed Under (Finance) by admin on 23-10-2008
Reuters - A Bear Stearns mortgage portfolio backed by the U.S. government racked up $2.7 billion of losses in the third quarter, amounting to a 9 percent decline on about $30 billion of assets, the Federal Reserve said Thursday.
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