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Thornburg Mortgage seeks $1 billion to insure survival (Reuters)

Started by riky, March 19, 2008, 05:01:31 PM

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riky

Thornburg Mortgage seeks $1 billion to insure survival
    (Reuters)

 


Reuters - Thornburg Mortgage Inc  said on
Wednesday that it would try to quickly raise nearly $1 billion
of capital to keep five lenders at bay and avoid a collapse for
the struggling "jumbo" home loan provider.


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