Thomas Tan thinks the addition of plausible losses in the credit default swap market to write-offs in other areas of banking, could bring the total hit on the US financial system to the $1 trillion mark.
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Unfortunately, because of a plague of spam comments, you need to be a "registered user", otherwise your observations will be buried in a torrent of multilingual nonsense. Please do comment!
Say what you please, so long as it's phrased politely and is not libellous or legally proscribed. Fact, reason and wit are keenly welcomed.