Moody's Predicts $470 Billion in Bank Losses and Writedowns in 2009 and 2010 | Practical Law
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An update on a report by Moody's Investors Service estimating that US banks will incur about $470 billion in losses and writedowns in 2009 and 2010.
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Moody's Predicts $470 Billion in Bank Losses and Writedowns in 2009 and 2010
Practical Law Legal Update 0-386-2897
(Approx. 2 pages)
Moody's Predicts $470 Billion in Bank Losses and Writedowns in 2009 and 2010
by PLC Finance
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Published on 08 Jun 2009
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USA (National/Federal)
An update on a report by Moody's Investors Service estimating that US banks will incur about $470 billion in losses and writedowns in 2009 and 2010.