Credit Writedowns
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Credit Writedowns
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HRE: defusing the German financial time bomb
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Bof A’s MAC clause was as porous as swiss cheese
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German banks loaded with 816 billion in toxic paper
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The horrible self-dealing of Ken Lewis and the principal-agent problem
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BofA CEO Lewis investigated by SEC
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Pre-payments are reducing value of mortgage-backed securities
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The Fake Recovery
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Mike Mayo: writedowns worse than the Great Depression
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Spain’s savings banks may have 40 billion in writedowns
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A few comments about mark-to-market
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