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Mark Cuban Is Brimming With Originality   Away Message
Sep 30 2008 2:31PM EDT

No Pain, No Gain

At least that's the spec of optimism I read into this factoid from Merrill Lynch's Masa Kichikawa and Tak Okubo:

...five years after the real estate bubble burst in Japan, banks had written off 30% of the final loss; in the US, one year after the crisis broke out, 45% of the losses have already been written down. 

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