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The Credit Crunch: How America's Banks Lost Their Reputation

by Suzanne Amann Thursday, Mar. 27, 2008 at 9:42 AM
mbatko@lycos.com

What does normality mean? The law of returns is not the only law. Awareness of risk also has to be considered. After the near collapse of Bear Stearns, some of America's biggest banks are reeling badly. The markets are falling into a state of panic.

for the article published in: Spiegel, 3/18/2008, click on

http://www.spiegel.de/international/business/0,1518,542158,00.html

www.mbtranslations.com

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