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Banking Crisis 2008: The end of the financial powerhouse in the U.S.?

July 12, 2008 · Filed Under Featured Video, Podcast, US Stocks and Markets, Videos · Comments 
Bank of America is looking to reduce its workforce by 7,500 employees. Citigroup plans to lay off around 6,500. U.S. financial institutions are reporting billions in losses. These are just some of the most recent indications that we are in the midst of a severe banking crisis in the U.S. What should investors do? [...]

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