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Description: U.S. regulators are looking hard at banks’ expected future tax benefits and the result for some financial institutions could be more writedowns.

Source: Reuters.com

Date: 11/13/2009

Link: http://www.reuters.com/article/ousivMolt/idUSTRE5AC5MW20091113

Questions for discussion:

  • Summarize the reasons for bank writedowns.
  • How would these banks be expected to be affected financially?

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