Credit Writedowns
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UBS is sitting on billions in bad student loans
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Rio Tinto’s Leng quits after a month on the job
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GE Capital’s looming time bomb
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U.S. consumer spending down 1% in December
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Cramdowns and refis won’t need appraisals
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Links: 2009-01-18
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Citi agrees to do cramdowns
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Rio Tinto: all kinds of trouble
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Connecting Fed cuts with credit writedowns and quantitative easing
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Glencore: credit default swaps suggest something amiss
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