Banks Expect Writedowns on Brazil Loans: Bankers...
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From Times Staff and Wire Reports
Banks Expect Writedowns on Brazil Loans: Bankers in New York said the Interagency County Exposure Review Committee is expected to require banks to write down a large percentage of their outstanding loans to Brazil, perhaps within a week. the committee is made up of membersof the Federal Reserve Board, the Office of the Controller of the Currency and the FederalDeposit Insurance Corp.
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