Posts Tagged ‘mounting debt’

Wall Street Debts Rise During Down Turn

Saturday, July 18, 2009 6:12 No Comments

As the world’s largest economy remains stuck in the economic crisis, banks warned that the Wall Street is facing spiraling losses from bad debts two of the largest U.S.. It is revealed that the fighting giants Citigroup and Bank of America means more than £ 7.5 billion for soured loans from April to June.
The increasing [...]

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