Moody's Predicts $470 Billion in Bank Losses and Writedowns in 2009 and 2010 | Practical Law

Moody's Predicts $470 Billion in Bank Losses and Writedowns in 2009 and 2010 | Practical Law

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.

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
Published on 08 Jun 2009USA (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.