Published on OurFuture.org (http://www.ourfuture.org)
Wall Street May Lose $460B
By OurFuture.org Staff
Created 03/26/2008 - 9:43am

Article Source: 
http://www.bloomberg.com/apps/news?pid=20601087&sid=aIGeO4anyk.c&refer=worldwide [1]
Article Publication Date: 
03/26/2008

Wall Street banks, brokerages and hedge funds may report $460 billion in credit losses from the collapse of the subprime mortgage market, or almost four times the amount already disclosed, according to Goldman Sachs Group Inc. Profits will continue to wane, other analysts said.

Campaign For America's Future

1825 K Street, NW, Suite 400, Washington, DC 20006
202-955-5665 (tel) | 202-955-5606 (fax) | www.ourfuture.org

home | donate | search | contact us | your privacy

Links:
[1] http://www.bloomberg.com/apps/news?pid=20601087&sid=aIGeO4anyk.c&refer=worldwide