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Subprime Lending

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The New (and Hidden) Subprime Boom 

Jun 18, 2007By

As the subprime market has tanked, a recent Bloomberg article (hat tip Doomer John, who circulated an email about this earlier today) takes a timely and extremely insightful look at the fallout — what’s insanely interesting here is that as investment banks hesitate, hedge funds are swooping in to fill the new subprime void:

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