Thursday, June 14, 2007

Goldman sees subprime woes worse before rebound

(Reuters) - Viniar said subprime weakness contributed to the decline in fixed-income trading results for the second quarter. He added, though, that problems in the market for the riskiest home buyers still has not spread to other debt markets, as was feared earlier this year.




"So far we still have not seen any contagion," he said.


Read more at Reuters.com Market News

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