You are hereHow much will it take to fix the banks?

How much will it take to fix the banks?


ZENWAY's picture

By ZENWAY - Posted on 02 February 2009

The IMF now thinks that losses from U.S.-originated loans could reach $2.2 trillion, well above its October estimate of $1.4 trillion.

$2.2 trillion is about 10% of the $22 trillion U.S. real estate total valuation. Is that enough for this real estate slump? We have some doubts.

Read more:
http://www.iht.com/articles/2009/02/01/business/econ02.1-419877.php

Sponsored Links

Syndicate

Syndicate content