S&P says total losses from RMBS, CDOS for financial institutions may reach more than $265 billion
Says expects upward revision of losses from some large european banks. Expects losses in the U.S. to move to regional banks, credit unions, and FHLBS. Expects outlook changes or one-notch downgrades for selected, especially thinly capitalized banks. Says downgrades will … Continue reading S&P says total losses from RMBS, CDOS for financial institutions may reach more than $265 billion
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