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Fund action - Wednesday, November 26, 2008
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PowerShares launched the Active Real Estate Fund, which tracks the FTSE NAREIT Equity REITs Index. (ETFTrends)More stories from Fund Action
Non-conforming and sub-prime mortgage lending is not the smartest business line to jump into at the moment.
Rising personal bankruptcy levels and an uncertain economic outlook led Euromoney to warn as early as 2006 that non-conforming and sub-prime mortgage lending may lead to disaster.
