Monday, April 9, 2007

More "Spreading" Rumors

The lead-in paragraph to this story says it all: "American Home Mortgage Investment Corp. shares fell as much as 19 percent after the company's loans attracted few bids from investors, fueling concern that losses at subprime lenders are spreading to higher-rated credits."

Of course, that goes against several experts' speculation that the fallout from the subprime meltdown is contained. Doesn't look like it.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aciLr5IR.NbU&refer=home

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