unknown amounts of bad debs related to sub-prime mortgages. The head of the IMF said the worst of the financial crisis was possibly over, and the Fund would draw lessons from the crisis to make proposals to reform the international financial system. [Nick Edwards, Europe Treasury Editor]: "These measures are the first step really towards preventing the financial system from melting down...There's a sense of confidence building that finally policy-makers have a grasp on what is required." ...
http://www.youtube.com/watch?v=xLh8AmPbapo&hl=en
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