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Ackermann: Crisis Nearing End

(housingwire.com)

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2008-07-18

"When a CEO talks about the “beginning of the end,” it isn’t usually a good thing. But in an interview Friday with the Financial Times, Deutsche Bank (DB: 88.91 +1.83%) CEO Josef Ackermann said that the credit crisis that has rocked global markets for roughly one year so far was likely nearing its end, as regulators and banks have taken action to address market shifts." Sure Bill!

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