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...more getting flushed down the toilet.
British banks are expected to write off another £137bn in bad debts over the next year, according to an IMF report.
British banks are expected to write off another £137bn in bad debts over the next year, according to an IMF report.
UK bankers are a bunch of girls, in the US the IMF expects losses totaling $2.7 trillion from credit crisis.
"The International Monetary Fund said Tuesday worldwide financial institutions could suffer more than $4 trillion in losses from the global credit crisis with the U.S. leading the way with a total of $2.7 trillion."
source
"The International Monetary Fund said Tuesday worldwide financial institutions could suffer more than $4 trillion in losses from the global credit crisis with the U.S. leading the way with a total of $2.7 trillion."
source
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