European bank announces €2 billion of new credit write-downs

By Michael Peterson

Monday, January 26, 2009

Dutch bank ING announced significant new write-downs on credit instruments today, as it pre-announced its full year earnings

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Comment by: Yiannis Tsiounis. Posted 15 years ago [2009-01-26 16:02:54]

Despite the obvious guess about who will bail ING out, NETHERLANDS sovereign CDS trades at 120 or tigher, when Greece is at 280. Data from Moody's Credit Quotes. These are my personal views/comments (and I _am_ biased) and not Moody's.

CLOs

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