Goldman sees $60 billion write-downs for banks in 2008
Story date: 2008-02-01 12:28:00
Added on: 2008-02-02 00:56:58
Reuters - (Reuters) - Goldman Sachs said it expects U.S. banks to incur mark-to-market losses of $60 billion in 2008 on commercial real estate and exotic mortgage loans, that represent the most significant risk to earnings and capital. Credit concerns should ...
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