Credit Collapse to Cost $1.2 trillion

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This story has mostly positive ratings. 85 votes / No sinks

Credit Collapse to Cost $1.2 trillion

Money – The credit crunch will globally cost $1.2 trillion according to a report from the bank Goldman Sachs.

Tags: goldman sachs, credit, losses, collapse

View Story Discuss (4) (news.bbc.co.uk) 101 days ago by Neophile

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Rating: +2 (+2/-0) | 2008-03-26 13:23:39

berkeley

that's already too small a number, but we have to break the news slowly.

Good Bad Block Report

Rating: +2 (+2/-0) | 2008-03-26 13:31:02

marshx

it seems like they're benefitting; they got Bear Stearns on the cheap!

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Rating: +2 (+2/-0) | 2008-03-26 15:40:49

engineer

It's actually much greater. This is what they are owning up to

Good Bad Block Report

Rating: +0 (+0/-0) | 2008-04-11 08:05:39

charieammigal

thank you for share.

Good Bad Block Report

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This story has mostly positive ratings. 85 votes / No sinks