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Reuters: End in sight to subprime mortgage writedowns: S&P

Started by chris, March 13, 2008, 11:01:03 PM

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chris

End in sight to subprime mortgage writedowns: S&P
      


NEW YORK (Reuters) - Standard & Poor's said on Thursday write-downs for large financial institutions on subprime debt are likely past the halfway mark, but could still hit $285 billion.
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