MoneyRates Blog
Not All Bank Stocks are Subprime Bank Stock Disasters
By MoneyRates team | Money-Rates Columnist
The news has been full of stories regarding the debacles of banks which dealt heavily in the subprime lending markets. Notably, the stocks of Countrywide Financial (-67.9% YTD), IndyMac Bancorp (-79.4% YTD), and Washington Mutual (-51.8% YTD) have garnered a lot of attention. While these stocks may be attractive to speculators who basement hunting, there [...]
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