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Ridiculing the New Normal
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Category Archive: worthless security

EXCLUSIVE: RUSSIA – THE HIDDEN FINANCIAL BASKET-CASE THAT MAY YET WRECK RBS.

The Slog has learned that around 70% of Russian bank loans are guaranteed by property – a sector […]

John Ward April 12, 2010 Darling lending promises a fantasy., RBS toxic debt shock, Russian loans, worthless security

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