Relevant:
- Recovery threatened by toxic assets still hidden in key banks
- FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That Sank Two Illinois Banks
- FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That Sank Two Illinois Banks
- FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That Sank Two Illinois Banks
- Italy's Banking Crisis Spirals Elegantly out of Control (THE SOLUTION: SUBPRIME LOAN POOLS TO THE ECB! HURRAH!)
2009-01-09 — ft.com
"The problem of toxic assets is facing not just large banks. University endowments to small regional banks across the world bought chunks of structured bonds or mortgage-backed securities. Is the $10m, $100m or $1bn they own worth anything at all?"
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