2016 | OriginalPaper | Chapter
Credit Crunch Chronology: April 2007-September 2009
Author : The Statesman’s Yearbook Team
Published in: Banking Crises
Publisher: Palgrave Macmillan UK
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2nd—New Century Financial, based in California and second only to HSBC in the US sub-prime mortgage market, filed for Chapter 11 bankruptcy protection, making over 3,200 employees redundant.