The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

Hot Topics » vampires celebrity dancers Twighlight movie taxes credit card whining risk policies

problems in banking

Trading > 247Wallst

IMF Says Toxic Asset Damage Getting Much Worse

247Wallst | Wed, 04/08/2009 - 7:30am | problems in banking, recession, toxic assets, worsening financials | Add a comment

Every time the IMF issues an estimate for the cost of the losses from toxic assets at the world’s financial institutions, the numbers get worse. According to the Times, “Toxic debts racked up by banks and insurers could spiral to $4 trillion (£2.7 trillion), new forecasts from ... Read more

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

problems in banking

Trading > 247Wallst

IMF Says Toxic Asset Damage Getting Much Worse

247Wallst | Wed, 04/08/2009 - 7:30am | problems in banking, recession, toxic assets, worsening financials | Add a comment

› Featured on

PowerRatings Stock Trading Strategies: After the Bounce

Through a Trader's Eye

High Probability ETF Trading: Trading Near the Close

TRADE CENTER

› Most