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View Full Version : Citic Pacific Swings to Profit After Currency Bailout - Bloomberg



NewsWhore
03-10-2010, 01:30 AM
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Citic Pacific Swings to Profit After Currency Bailout (http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601080%26sid%3DaycLx_CyFG6M&usg=AFQjCNGll22bCEaA53VTVMZSCedWGq1atg)
Bloomberg
Wrong bets on currency contracts led to foreign exchange losses of HK$14.6 billion in 2008, forcing the company to seek a bailout from parent Citic Group. ...

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