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Markets Gird for Fallout from Subprime Loans

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Markets Gird for Fallout from Subprime Loans

Economy

Markets Gird for Fallout from Subprime Loans

Markets Gird for Fallout from Subprime Loans

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  • <iframe src="https://www.npr.org/player/embed/12721943/12721944" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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In Depth

The world's financial markets are bracing for another volatile week as investors worry about the effects of widening losses tied to subprime mortgages. On Friday, the U.S. Federal Reserve pumped more liquidity into the banking system to reassure the financial markets after similar action by the European Central Bank and other central banks in Asia.

Adam Davidson talks to Rebecca Roberts about the potential fallout, both at home and abroad.