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Reuters: Financials need at least $1 trillion: analyst

Started by chris, November 20, 2008, 07:59:13 AM

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chris

Financials need at least $1 trillion: analyst
      


(Reuters) - The U.S. financial system still needs at least $1 trillion to $1.2 trillion of tangible common equity to restore confidence and improve liquidity in the credit markets, Friedman Billings Ramsey analyst Paul Miller said.<div class="feedflare">
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