The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (123809)	5/18/2008 4:03:09 PM
From: Giordano Bruno	Read Replies (2) of 306849

A top economist for financial services giant Goldman Sachs (GS: News, Chart, Quote ) said Friday that the impact of the Fed's recent easing cycle have been "reassuring" in at least one area, but he repeated his belief that there will be about $500 billion of mortgage credit losses from the current crisis. rttnews.com Wells Fargo being exempt of course. -g-

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