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03-27-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,579
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Cost of the crunch: $1.5 trillion (+video)
Investment bank Goldman Sachs estimates global credit losses stemming from market turmoil will reach US$1.2 trillion ($1.5 trillion), with Wall St companies bearing about $460 billion of that total. US financial firms have reported...
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