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Home » Store » News » Mortgage Meltdown Collateral Damage Spreads As Credit Suisse, UBS Face $21 Billion in Losses

Mortgage Meltdown Collateral Damage Spreads As Credit Suisse, UBS Face $21 Billion in Losses

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The financial industry’s hemorrhaging from its mortgage wounds continued at an astounding pace over the last week, as Credit Suisse and UBS announced they might have to take a combined $21.15 billion in writedowns. Credit Suisse said this week it will to...
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