2008-04-22blownmortgage.com

''National City took on $7 billion in additional capital at a 40% discount to market price, sending shares tumbling as the beleagured bank looks to shake off bad mortgage bets and make it through the crisis. National City was reportedly looking to sell itself and has now turned to opportunistic Corsair Capital.''



Comments: Be the first to add a comment

add a comment | go to forum thread