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August 22, 2007

Today's Housing Bubble Post - Another Another Another One

-- by Dave Johnson

Bloomberg.com: U.S.,Lehman Brothers Holdings Inc., the biggest underwriter of U.S. bonds backed by mortgages, became the first firm on Wall Street to close its subprime-lending unit and said 1,200 employees will lose their jobs.

Posted by Dave Johnson at August 22, 2007 2:55 PM

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