From Cnbc
Thornburg Mortgage said it failed to meet a $28 million margin call from JPMorgan Chase, sparking fears the mortgage lender might go bankrupt. Meanwhile, a Dutch-listed affiliate of private equity firm Carlyle Group said it has not been able to meet some margin calls and has received a notice of default. The latest fallouts from the credit crunch rattled U.S. markets with the Dow losing 1.75 percent overnight, and the S&P 500 index closing below its January low of 1,310.
de ja vu, page-19
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Last
7,989.6 |
Change
68.300(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,921.3 | 8,000.0 | 7,921.3 |
| XJO (ASX) Chart |