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?Global losses from mortgage and other credit problems will likely top $600 billion, UBS said.? Looks like we?re only 20% through the storm!!

Bad News Rocks Financial Firms Again, Triggering Big, Broad Market Sell-Off More financial woes and fear that the worst is yet to come helped push banks and the overall market sharply lower Friday. Global losses from mortgage and other credit problems will likely top $600 billion, UBS said. That’s four times higher than the $150 billion [...]

This entry was posted on Friday, February 29th, 2008 at 9:26 pm and is filed under Dollar Investment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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