Investing in the Banking Industry
Aug 10th, 2007 | By Christopher Hancock | Category: Investing Strategies
Wall Street took it on the chin again this week.
Yesterday, in the wake of the Bear Stearns meltdown, French banking giant BNP Paribas announced it was suspending three of its asset-backed securities funds, saying it could no longer value them accurately because of problems in the U.S. subprime mortgage market.
The ...read more
