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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (120996)5/6/2008 9:45:55 AM
From: Jim McMannisRespond to of 306849
 
Hypo vs Hyper. They have the name right at least.

Hypo Real Estate Profit Falls on Writedowns, Lending (Update2)

bloomberg.com

May 6 (Bloomberg) -- Hypo Real Estate Holding AG, the worst performing stock on Germany's benchmark DAX Index this year, said first-quarter profit fell 38 percent on markdowns and lower lending income.



To: SouthFloridaGuy who wrote (120996)5/6/2008 9:47:25 AM
From: Jim McMannisRespond to of 306849
 
It seems so...some more verification.

Banks, Brokers Cut 65,000 Jobs as Subprime Losses Mount: Table

bloomberg.com

May 6 (Bloomberg) -- The following table shows the 65,000 jobs cut by the world's biggest banks and securities firms in the past 10 months as mortgage losses and writedowns for financial institutions reached $319 billion...'more


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