http://www.doctrader.com/2009/08/do-you-know-how-all-these-banks-went-broke/ FINANCIAL :: SECRETS Mon, 07 Dec 2009 01:54:44 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.doctrader.com/2009/08/do-you-know-how-all-these-banks-went-broke/comment-page-1/#comment-680 acermill Wed, 19 Aug 2009 05:12:59 +0000 http://www.doctrader.com/long-term-savings/do-you-know-how-all-these-banks-went-broke-was-it-just-real-estate-deals-gone-bad-could-it-be#comment-680 A goodly cause is the subprime mortgage meltdown. These banks heavily invested in these mortgage packages, and also were playing heavily with derivatives in the stock market. It's very complex, but their investment managers made a whole slew of bad investments.<br><b>References : </b><br> A goodly cause is the subprime mortgage meltdown. These banks heavily invested in these mortgage packages, and also were playing heavily with derivatives in the stock market. It’s very complex, but their investment managers made a whole slew of bad investments.
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