<< Read Full Article
<< Read Full Article
Thornburg Mortgage(TMA Quote) failed to meet margin calls and received default notices due to the plummeting value of mortgage-related securities.
Thornburg said it failed to meet a $28 million margin call from JPMorgan Chase(JPM Quote), triggering a series of defaults on various lending agreements and increasing the probability of the company's demise. Thornburg shares were off 51.8% to $1.64.
Google(GOOG Quote) shares were down 3.4% as the company suffered a blow when a key senior executive moved over to rival Facebook. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |
Connect with TheStreet