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View Full Version : GE Capital Loss Lurking in Moscow Loans, US Cards (Correct) - Bloomberg



NewsWhore
03-18-2009, 01:24 AM
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GE Capital Loss Lurking in Moscow Loans, US Cards (Correct) (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DalC1l0SA5YMM%26refer%3Duk&cid=0&ei=dIbASaDdHN-fmAeZ8MyCDA&usg=AFQjCNGOKhG5ak0_8FLHv91r9yz2YUuPaw)
Bloomberg
Then the Russian currency collapsed. “The banks here used to literally grab you by your lapels and ask you to borrow,” said Zoshchenko, 58. “But not since the crisis started.” Sixteen months into a global recession triggered by a jump in defaults by US ...


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