Monday, July 7, 2008

$1.6 trillion is largest writedown loss estimate yet

U.S. study estimated losses of financial institutions at $1.6 trillion dollars

This German-language article is based on the analysis by Bridgewater Associaes, a very well-resected hedge fund in the US. Translation is available at the blog Credit Writedowns (original article is in German) Obviously Bridgewater thins systemic risks from this magnitude of expected losses is large. Yet another reason the markets have been falling.

Posted by edwardnh @ 01:06 PM (1338 views)
Please complete the required fields.

2 thoughts on “$1.6 trillion is largest writedown loss estimate yet

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>