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Hypo Real Estate expects 3.1B euro 3Q pretax loss (AP)

November 13th, 2008 · Permalink



AP - Hypo Real Estate Holding AG, the commercial lender that got a 50 billion euro bailout from the German government last month, said Wednesday it expects to report a third-quarter pretax loss of 3.1 billion euros ($3.9 billion) because of more write-downs at its Irish bank.

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