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2007: The Trillion Dollar Bear

2007: The Trillion Dollar Bear

CR Note: Gone hiking! I will return on Thursday, Oct 4th. In December 2007, most analysts were still dramatically underestimating the probabe losses for lenders and financial institutions. Here is an article from the WSJ quoting a crazy blogger: How High Will Subprime Losses Go? The global race is on to find the best...
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