Credit Writedowns
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Markets
Sterling in freefall
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One-third of recent US homebuyers underwater
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Chart of the day: low ARM rates
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Everyone’s house is worth less…except mine
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Downward oil price momentum and the news cycle
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Loss aversion and finding a bottom
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Ex-Countrywide CEO is the new Ken Lay
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The dollar is rising against floating currencies
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Commodity prices are dropping across the board
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UK house price falls are accelerating
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