Credit Suisse Reveals $2.85B in Writedowns

February 18, 2008

Credit Suisse has written $2.85 billion off the value of its asset-backed investments and found mismarking and pricing errors on its books, it revealed on Tuesday, sending its shares plummeting.

*For more on this story,

read the full Reuters article.

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Credit Suisse Reveals $2.85B in Writedowns

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