Subprime crisis may lead to $500bn credit loss - Instablogs
Subprime crisis may lead to $500bn credit loss
Arpita Mukherjee , Kolkata: Sep 8 2008
Made Popular Sep 8 2008
The US sub prime crisis could lead financial companies to significant losses to the tune of about $400 billion, according to an estimate by the US investment bank Goldman Sachs. The estimate by Jan Hatzius, the chief economist of Goldman Sachs, is...
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Tags: sub prime lending, finance, USA, economy
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