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	<title>Comments on: Dim light at end of writedown tunnel</title>
	<link>http://ftalphaville.ft.com/blog/2008/03/26/11828/dim-light-at-end-of-writedown-tunnel/</link>
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	<pubDate>Wed, 20 Aug 2008 11:02:01 +0000</pubDate>
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	<item>
		<title>by: Bhavin P. Kapadia</title>
		<link>http://ftalphaville.ft.com/blog/2008/03/26/11828/dim-light-at-end-of-writedown-tunnel/#comment-16019</link>
		<pubDate>Wed, 26 Mar 2008 17:04:21 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/03/26/11828/dim-light-at-end-of-writedown-tunnel/#comment-16019</guid>
					<description><![CDATA[Last week in the FT, illustrated i- banks have lost $181b in the credit crunch. 

Credit derivatives market is $45 trillion.

So the total losses could easily reach $400b or more.]]></description>
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		<title>by: Anonymous</title>
		<link>http://ftalphaville.ft.com/blog/2008/03/26/11828/dim-light-at-end-of-writedown-tunnel/#comment-16001</link>
		<pubDate>Wed, 26 Mar 2008 14:31:03 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/03/26/11828/dim-light-at-end-of-writedown-tunnel/#comment-16001</guid>
					<description><![CDATA[$400 billion or more credit losses in the market is very realistic given the total notional of the CDS. A study by David Greenlaw, Jan Hatzius, Anil Kashyap, and Hyun Song Shin indicates that the total credit loss from the mortgage melt down is expected to be $400 billion.

http://riskyops.blogspot.com/2008/03/risks-of-irrational-fear-in-market.html]]></description>
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