Write-downs on the value of loans,

MBS MBS may refer for: People * Mohammed bin Salman (born 1985), crown prince and prime minister of Saudi Arabia * Mohan Bikram Singh (born 1935), Nepalese politician Places * MBS International Airport (IATA code: MBS), Freeland, Michigan, US * Mari ...

and CDOs due to the

subprime mortgage crisis The United States subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the Financial crisis of 2007–2008, 2007–2008 global financial crisis. It was triggered by a large decline ...

.
Bloomberg, May 19, 2008Bloomberg, August 12, 2008
(commentar

References

{{2008 economic crisis 2008 in economic history Subprime mortgage crisis