Ackermann Forecasts More Writedowns at World's Banks (Update3)
Story date: 2008-02-28 08:57:00
Added on: 2008-03-01 00:36:42
Bloomberg - ... predicted further writedowns as banks worldwide digest unrealized losses from assets linked to U.S. subprime mortgages. ... Ambac Financial Group Inc., the second-biggest bond insurer, also had its top rating affirmed by S&P this week as the ...
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