Don't overreact to credit turmoil, bank group says
Story date: 2007-10-10 05:59:00
Added on: 2007-10-12 23:00:21
Reuters - ... problems that began with rising defaults in the U.S. subprime mortgage market quickly spread into other forms of debt around the globe. Uncertainty over which banks were exposed to bad loans prompted lenders to pull back, exacerbating the credit crunch
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