US subprime crisis costs $8.6 trillion
THE meltdown in the US sub-prime real estate market has led to a global loss of $US7.7 trillion ($8.6 trillion) in stock market value since October, a report by Bank of America showed overnight.
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THE meltdown in the US sub-prime real estate market has led to a global loss of $US7.7 trillion ($8.6 trillion) in stock market value since October, a report by Bank of America showed overnight.
More...
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