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Next leg of banking collapse underway
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IMF Sees $2.2 Trillion in Losses Slowing World Growth
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVCWqf3qtdpc
Bank losses worldwide from toxic U.S.-originated assets may reach $2.2 trillion, the IMF said in a report released today, more than the $1.4 trillion that the fund predicted in October.Turn your face to the sun and the shadows fall behind you.0
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