How did the British banks get landed with so many dodgy American mortgages?

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2 Responses to “How did the British banks get landed with so many dodgy American mortgages?”

1. Alec B on: 19 July 2009 at 9:51 pm

   They buy and sell mortgages like they buy and sell bonds, shares etc with savers money on the international markets. And some banks bought too many dodgy american ones.

   And dukefent your an idiot, with about as much knowledge of the British housing market or just ecnomics in general as Norman Lamont.
2. How did the British banks get landed with so many dodgy American mortgages? | About Mortgage on: 19 July 2009 at 10:45 pm

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