| http://www.w3.org/ns/prov#value | - The financial system has acknowledged roughly $400 billion in losses so far, Roubini estimates, yet as much as another $1.1 trillion may be lying in wait.As the government steps in to take over bad debts, it is aiming to clear away the detritus and lift the uncertainty, emboldening banks to lend anew.Whether it will work in the long term is a question that awaits reaction from investors.
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