The Wall Street "Parade of Write-Downs"
• CalculatedRisk.blogspot.comThe thing is, the writedowns aren't finished. Several firms retain significant exposure to subprime, such as Citigroup, which still has $37 billion in subprime exposure.
The thing is, the writedowns aren't finished. Several firms retain significant exposure to subprime, such as Citigroup, which still has $37 billion in subprime exposure.
