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View Full Version : Selling More Insurance on Shaky European Debt Raises Risk for U.S. Banks - Bloomberg



NewsWhore
11-01-2011, 04:02 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGuMMD9fsfmCfEG_MVFfwm-n12deQ&url=http://www.bloomberg.com/news/2011-11-01/selling-more-insurance-on-shaky-european-debt-raises-risk-for-u-s-banks.html)
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Selling More Insurance on Shaky European Debt Raises Risk for U.S. Banks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGuMMD9fsfmCfEG_MVFfwm-n12deQ&url=http://www.bloomberg.com/news/2011-11-01/selling-more-insurance-on-shaky-european-debt-raises-risk-for-u-s-banks.html)
Bloomberg
(BAC) and Citigroup Inc. (C) -- write 97 percent of all credit-default swaps in the US, according to the Office of the Comptroller of the Currency. The five firms had total net exposure of $45 billion to the debt of Greece, Portugal, Ireland, ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dXpm_Bl2ST0_zwM)


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