Jeremy Warner's Outlook: Banks invite fierce regulatory backlash

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Jeremy Warner's Outlook: Banks invite fierce regulatory backlash

23rd January 2008, 14:30:PM

Yikes. I warned last Saturday that the crisis in financial markets was about to enter a new and more dangerous phase, with further big writedowns and recapitalisations to come in America and in Europe, but I hadn't figured on the degree of carnage that was unveiled first by Citigroup and now Merrill Lynch.

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Tags: business, citigroup, crisis, enter, financial, regulatory

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Jeremy Warner's Outlook: Banks invite fierce regulatory backlash

Jeremy Warner's Outlook: Banks invite fierce regulatory backlash

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