PDA

View Full Version : Citic Pacific May Lose $2 Billion From Currency Bets (Update2) - Bloomberg



NewsWhore
10-20-2008, 08:50 AM
<img alt="" height="1" width="1">
Citic Pacific May Lose $2 Billion From Currency Bets (Update2) (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaURZfFSITlsc%26refer%3Dhome&cid=1260171621&ei=J4D8SMqMF6H8ygSinf2TCQ&usg=AFQjCNHvmdC3KPgJ3UGFBdSrgjASdOEinw)
Bloomberg - 1 hour ago
A loss of HK$808 million has been incurred from terminating some leveraged currency contracts, and it&#39;s sitting on further potential losses of HK$14.7 ...


More... (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaURZfFSITlsc%26refer%3Dhome&cid=1260171621&ei=J4D8SMqMF6H8ygSinf2TCQ&usg=AFQjCNHvmdC3KPgJ3UGFBdSrgjASdOEinw)