Thursday, November 23, 2006

UBS: 2006 Subprime Loans Doing Badly

by Bill McBride on 11/23/2006 01:11:00 AM

From AP: UBS: 2006 Subprime Loans Doing Badly

Subprime loans ... in particular those used to back mortgage bonds, could prove to be one of the worst-performing groups yet, according to UBS.