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Buy custom What could be the long term effects of the sub-prime crisis looking on the biggest American bank CITIGROUP?

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Topic: Business
Number of pages / Number of words: 11 / 2879
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On the 10th of August the ECB pumps in ? 61bn of funds for banks. The US Fed also provided extra overnight money to combat the credit crush. Three days later the ECB puts in another ? 47.7bn. A month later the ECB continued to inject fresh cash. The total has risen up to ? 250bn. The Fed also cut the interest rate from 5...


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The Fed also cut the interest rate from 5.25% to 4.75% and its chairman said that the losses of the sub-prime crisis were much higher than expected. In October Goldman Sachs forecasted losses for the entire financial sector would be around $ 400bn. On the 27th of November a survey showed that US house prices dropped significantly in the 3rd quarter, the biggest rate drop in 21 years...


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Credit Risk in Banks Short Term and Long Term Capital Strategy to combat the climate crisis What could be the long term effects of the sub-prime crisis looking on the biggest American bank CITIGROUP? Debate Extra Credit Long Term Effects of Colonization Geography Extra Credit Long Term And Short Term Causes Of The Arab/ Israeli Conflict Extra Credit Report Science long term effects of alchool Short and Long Term Effects of Marijuana Use Among Adolescents Extra Credit, H. pylori Marijuana Short And Long Term Effects On The Brain Marijuana's Short and Long Term Effects On The Brain Female Genital Mutilation: Long Term Psychological Effects

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