< <:))))<>< <:))))<>< <:))))<>< Various experts' appraisals of the U.S. economy <:))))<>< <:))))<>< <:))))<>< <:))))<
Britain's second largest bank, Royal Bank of Scotland, reported the largest six-month loss in British banking history. (802 million pounds or $1.5 billion after taxes.)
The Edinburgh-based bank was forced into the red largely by 5.9 billion pounds ($11.4 billion) worth of write-downs arising from its exposure to the international credit crisis.
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