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G7 meeting disclosed concern that sub-prime losses could reach $400bn

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HedgeNordic Editorial Team
By HedgeNordic Editorial Team
0 min.

February 10th (Financial Times): The G7 talks were dominated by issues related to the credit crunch and the general concern was reportedly that write-offs of losses on securities related to the sub-prime crisis could total $400bn.

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HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by the HedgeNordic editorial team.
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