Banks Have $1 TRILLION In Toxic Debt?
November 6th, 2007 . by admin
A new phase in the credit crunch, one of “$1 trillion losses” seems to be dawning. The crisis at Citigroup and renewed doubts about some of the world’s leading banks disquieted stock markets on both sides of the Atlantic yesterday, with the fractious mood set to continue. Things will continue to spiral down as the shell game ends.
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