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OLDFTB

Credit Crunch Over

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"Bob Parker, vice-chairman of Credit Suisse Asset Management, has told his firm's clients the worst of the sub-prime mortgage crisis, described as one of the worst financial disasters of the last half a century, will be over within weeks."

http://www.efinancialnews.com/homepage/con...8498/restricted

Over? It's only just getting started isn't it?

Edited by OLDFTB

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"Bob Parker, vice-chairman of Credit Suisse Asset Management, has told his firm's clients the worst of the sub-prime mortgage crisis, described as one of the worst financial disasters of the last half a century, will be over within weeks."

http://www.efinancialnews.com/homepage/con...8498/restricted

Over? It's only just getting started isn't it?

I think what he meant was people would soon forget about the multi billion dollar sub prime crisis as the multi trillion dollar CDS market is about to go t*ts up and would make subrprime look like a picinic in comparison :lol:

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"Bob Parker, vice-chairman of Credit Suisse Asset Management, has told his firm's clients the worst of the sub-prime mortgage crisis, described as one of the worst financial disasters of the last half a century, will be over within weeks."

http://www.efinancialnews.com/homepage/con...8498/restricted

Over? It's only just getting started isn't it?

What a tool - In a way he's right, it will be over in about 200 weeks.

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  • 292 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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