AP As the bets that European banks made on US mortgage investments went bust a few years ago, bankers piled into what they saw as a safe refuge: bonds issued by countries in Europe's seemingly ironclad monetary union. Now, the political and financial ... Euro zone sovereign debt is the new subprime
Saturday, November 12, 2011
Euro zone sovereign debt is the new subprime
AP As the bets that European banks made on US mortgage investments went bust a few years ago, bankers piled into what they saw as a safe refuge: bonds issued by countries in Europe's seemingly ironclad monetary union. Now, the political and financial ... Euro zone sovereign debt is the new subprime
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