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Reuters: Japan's Mizuho stung by $5.5 billion in subprime pain

Started by chris, April 11, 2008, 12:35:03 PM

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chris

Japan's Mizuho stung by $5.5 billion in subprime pain
      


TOKYO (Reuters) - Japan's Mizuho Financial Group Inc  cut a third off its earnings estimate for the year just ended, stung by $5.5 billion in subprime-related losses, mostly at its brokerage arm.
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