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Subprime says hello from Japan
In case you had any doubts of how the subprime crisis in the U.S. is affecting other countries, here's what Japan's financial regulator said today: Japan's large banks had about $11 billion invested in products related to the U.S. subprime mortgage market as of the end of September.
Posted on November 22, 2007 7:11 AM PT | Permalink
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