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Thornburg’s Survival on the Line 

Jun 19, 2008By

Thornburg Mortgage Inc. [stock TMA][/stock], the ultra-jumbo mortgage lender that has been staring at possible extinction on and off over the course of most of 2008, said in a filing with the Securities and Exchange Commission Tuesday that its survival is in doubt. Questions over the company’s future remain despite a last-ditch $1.35 billion financing plan that saved the company from bankruptcy in late March.

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