Sub Prime Mortgage Fiasco - Credit Losses So Far

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).] While doing some research on the sub prime mortgage fiasco we came across some interesting data, courtesy Bloomberg and Company. These figures show the credit losses incurred so far by various financial giants. Citigroup heads the table of losses with a gigantic $40.7 billion dollars till date. Here is the