BizJournals Portfolio
Nov 19 2007 12:00am EDT

Subprime Datapoint of the Day

The entire market in subprime debt is just 1.4% of the size of global equity markets. Or, to put it another way, a 1.4% downward fluctuation in stocks erases the same amount of value as if all subprime-backed bonds were collectively marked to $0.

Much more here (via Tett via Alea).

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