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Daily Archives: April 19, 2008

RBS May Write-Down $14 Billion

The only good news at Royal Bank of Scotland is that the bad news is not worse. RBS will probably write down another $14 billion and raise as much as ...
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China’s Stock Market Down By Half, Economy Is Next

There is a fairly widely held theory that moves in the stock market are a good predictor of what will happen in the broader economy two quarters later.The Shanghai Composite, ...
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