A Red Flag for Bank Liquidity
Story date: 2008-03-18 07:54:00
Added on: 2008-03-18 13:20:51
MSN MoneyCentral - ... funds, its exposure to the toxic securities backed by subprime mortgages, such as collateralized debt obligations [CDOs], has hardly been unique. Citigroup wrote down a total of $24.5 billion of the asset value in its portfolios during the second ...
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