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Wednesday, August 13, 2008

Fwd: RBC seen under pressure on auction-rate securities - Reuters



---------- Forwarded message ----------
From: real estate auctions - Live Search News <rssfwd@rssfwd.com>
Date: Tue, Aug 12, 2008 at 12:13 AM
Subject: RBC seen under pressure on auction-rate securities - Reuters
To: realtiestates@gmail.com


TORONTO, Aug 11 (Reuters) - Royal Bank of Canada (RY.TO: Quote , Profile , Research , Stock Buzz ) may take a C$100 million ($93 million) writedown for auction-rate securities, the illiquid U.S. debt securities that some U.S. and European banks have ...

Mon, 11 Aug 2008 21:05:00 GMT

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Source: http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN1149593720080811
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