Anoop Singh

IMF sees risk of financial "contagion" as US Fed eases liquidity further

Submitted by MichaelVail on Tue, 03/18/2008 - 5:18pm.
The mounting global credit crisis could develop into a financial "contagion" and could wipe $800 billion of value from the books of US and global financial institutions, an official of the International Monetary Fund said.
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