Subprime woes spread to Europe

Subprime woes spread to Europe
(01:20) Report
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Aug. 9 - Wall Street was in a selling mood on Thursday on fresh signs the fallout from the American subprime mortgage turmoil is spreading to European banks.

The dollar and U.S. treasuries rallied as investors looked for a safe place to hide.

Home Depot signaled troubled in the world of private equity deal making.

Conway G. Gittens reports from New York.

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Subprime fallout hits BNP Paribas

Subprime fallout hits BNP Paribas
(01:45) Report
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Aug 9 - France's biggest listed bank freezes over $2 billion worth of funds citing issues over the U.S. mortgage sector.

# Bundesbank discusses IKB rescue
# Credit crunch delays RBS hotel deal
# European shares tumble

Darcy Lambton reports.

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NAB accused of 'unconscionable conduct'

NAB accused of 'unconscionable conduct'

7.30 Report | Thu, 09 Aug 2007 21:14:00 +1000 | Duration 10m 53s

As growing numbers of Australians sink further and further into debt, leading to what has now been dubbed mortgage stress, the lending practices of the big banks are also coming under increasing scrutiny with two influential Federal Parliament committees and ASIC.

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Tags: consumer-finance, banking, australia

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PBS NewsHour Expanding Housing Crisis 20070807 1of2

Gwen Ifill discusses the worsening housing crisis with Nicholas Retsinas of Harvard University's Joint Center for Housing Studies and chief economist Mark Zandi of Moody's. [1of2]

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Mortgage Broker Under Fire Surrenders License

Mario Fellini is no longer allowed to operate as a mortgage broker in California.

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Ameriquest Advert - You're Getting Robbed

One of the series of 'Don't Judge Too Quickly' ads from Ameriquest Mortgage. This one features a guy 'holding up' a convenience store

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Ameriquest Advert - Hospital

One of the series of 'Don't Judge Too Quickly' ads from Ameriquest Mortgage. This one is set in a hospital with a mother and daughter visiting their unwell husband/father.

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