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With UBS, Over $76 Billion In Subprime Writedowns Worldwide

$9.76 billion from Singapore; $1.75 billion from Middle East; Subprime mortgage collapse costs banks, securities firms $76 billion in losses; Federal Reserve options may include bigger welcome at discount window.

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Original post by Admin

This entry was posted on Monday, December 10th, 2007 at 12:12 pm and is filed under , , , , , , Mortgage Bubble, Subprime Implosion, , Subprime Mortgage Industry, Mortgage Video, Mortgage News. 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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