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Reuters: Thornburg plummets on bankruptcy worry, defaults

Started by chris, March 06, 2008, 08:01:03 PM

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chris

Thornburg plummets on bankruptcy worry, defaults
      


NEW YORK (Reuters) - Thornburg Mortgage Inc  shares plummeted on Thursday on worries the "jumbo" mortgage lender might go bankrupt, after its failure to meet a margin call triggered defaults under other lending agreements.
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