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Supplemental details...
  • Fitch: U.S. Credit Card Losses Could Surpass Historical Peaks in 2009 (Business Wire via Yahoo! Finance)
    biz.yahoo.com
    NEW YORK----Rising job losses, volatile energy prices, and the absence of refinancing options like low-rate balance transfers and home equity loans means a higher proportion of delinquent accounts are translating into U.S. credit card portfolio losses, according to Fitch Ratings in a new report released today.
  • There is a risk of bad regulation: JPMorgan Chase - Economic Times
    economictimes.indiatimes.com
    There is a risk of bad regulation: JPMorgan Chase Economic Times, India - 12 hours ago The causal factors were bad mortgages , the bursting housing bubble, excess leverage in the system, and the longer-term build up of huge trade deficits in ... UPDATE: JPMorgan Says It Has Prevented 250000 Foreclosures CNNMoney.com all 5 news articles
  • Small business put through the wringer in tough times - News.com.au
    www.news.com.au
    ANTHONY Watson compares the 20 per cent drop in business at his Perth fridge and washer store this year to being on a very steep hill. The financial crisis has hit him harder than anything before in his 11 years in the industry and he's desperately ...


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