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Top analyst Whitney sees crunch deepening

Published 05/20/08 Economy In Crisis - Print Article
E-mail - editor@economyincisis.org

Source CNN Money:

One person who doesn’t believe the worst of the credit crunch has passed is Oppenheimer analyst Meredith Whitney. The crisis will extend well into next year, Whitney wrote in a note Tuesday in which she predicts banks will take an additional $170 billion of writedowns by the end of next year.

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