Construction sector drives jump in insolvencies
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New data from the Australian Securities & Investments Commission (ASIC)
shows a big jump in external administrations in March, with 7,742 firms
going und...
2010-01-28
OTB Portfolio Update 2010/01/28
It's been awhile since an update. The Obama-Turbo-Bernanke portfolio is down 33.5% since inception, with the bad performance led by 40% plus losses in Fannie (FNM) and Freddie (FRE). Bank of America (BAC) has the smallest loss, at 13%. AIG and Citigroup (C) have losses of 36% and 30%.
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