Goldman Sachs: world credit crisis will manage in $1,2 billion
26 March 2008Present credit crisis will lead to direct losses by world private financial institutions for the sum of $1,2 billion. Such information has been represented in report of American investment bank Goldman Sachs.
According to the report, 40 % of the given sum, or $460 billion, will be lost by the American banks, investment and a hedge-funds in the New York share and financial market.
In Goldman Sachs report it is also stressed that the situation may be corrected, however, it is too far from present heavy hypothec and credit crisis.
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