Thursday, Apr 02, 2009

Toxic assets still a huge problem

FT: A task fit for Herculean policymakers

Gillian Tett points out that govts are avoiding the subject of bad assets with unknown value. Meanwhile IMF estimates of the losses are increasing. Puts ideas about economic recovery and house price rises into shadow.

Posted by letthemfall @ 02:35 PM (274 views) Add Comment

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