Top Mortgage Company On Brink Of Failure As Shares Plunge 87%
American Home Mortgage Investment Corp (AHM.N), a large U.S. mortgage provider, said on Tuesday it can no longer fund home loans and may liquidate assets, putting its survival in doubt.
Consumer Confidence Hits 6-Year High http://biz.yahoo.com/ap/070731/consumer_confidence.html?.v=6
Bear, Lehman, Merrill Trade as Junk, Derivatives Show
On Wall Street, Bear Stearns Cos., Lehman Brothers Holdings Inc., Merrill Lynch & Co. and Goldman Sachs Group Inc., are as good as junk.
