Regions West | Orange County
May 22, 2008
Newport Beach, California-based Pacific Investment Management Co. has taken $2.55 billion of mortgage-backed securities from Israeli bank Bank Hapoalim Ltd., according to a Bloomberg News report. The back is getting hammered by losses from the subprime crunch, the report states.
Newport Beach, California-based Pacific Investment Management Co. has taken $2.55 billion of mortgage-backed securities from Israeli bank Bank Hapoalim Ltd., according to a Bloomberg News report. The back is getting hammered by losses from the subprime crunch, the report states.
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