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Disappointing earnings helped slash the value of the company.
Since then, BT has been forced to slash the value of Global Services by £340m.
Removing that excess would slash the value of housing assets by £700 billion.A recent pick-up in house-price inflation magnifies the potential for a damaging crash.
Just as bad, a sharp global slowdown would slash the value of the kingdom's hundreds of billions of dollars in overseas holdings.
Germany's Finance Ministry said it did not see any reason to grant Greece a debt "haircut" or any other measures that would slash the value of money on loan to the crisis-ridden country.
In the session on Monday, the Supreme People's Assembly fired Prime Minister Kim Yong-il, who reportedly made a rare apology in February for the decision to slash the value of the North's currency to fight inflation, a move that wiped out most savings and created social chaos.
Similar(49)
The collapse of that boom, which now threatens to slash the values of these gleaming office towers and destroy the savings of millions, may pose almost as great a threat to Britain's banking system as the subprime crisis that has been roiling financial markets since late in 2007.Bubbles are most easily seen with hindsight, but this one was in plain view even as it inflated.
The financial crisis slashed the value of their equity investments.
Glovis shares plunged as much as 14.5percentt, slashing the value of the stake.
Since then, the financial crisis and recession have slashed the value of its assets.
The company reported a £6.4bn annual loss in April after slashing the value of its property portfolio.
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