Hypo Real Estate Posts Another Loss for the Third Quarter

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7 votes

Posted By: James Ward, over 2 years ago (Report Spam)
Category: Mortgage & Lending / Type: News
Source: nytimes.com

The Munich-based company said it lost $860 million in the July-September period, still an improvement on its huge loss of euro3.05 billion a year earlier.

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At 10:13PM on November 10, 2009 - James Ward said...

This article is kind of funny. They state that even though they are working at a loss, the loss was less than the previous quarter. Yeah, you are now lossing less! What a great business.

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Hypo Real Estate Posts Another Loss for the Third Quarter

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