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Reuters: IMF sticks by $1 trillion U.S. subprime fallout

Started by chris, July 16, 2008, 11:41:07 AM

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chris

IMF sticks by $1 trillion U.S. subprime fallout
      


BRUSSELS (Reuters) - The International Monetary Fund is sticking to its estimate that losses on U.S. assets from the subprime crisis and its wider fallout would be about $1 trillion despite fresh U.S. banking problems recently, a senior IMF official said on Wednesday.
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