Dec 21 (Reuters) - First Horizon National Corp (FHN.N) said it expects its mortgage segment to report a pretax loss in the fourth quarter, and forecast its quarterly provision for loan losses to be about $150 million, largely due to losses in its residential construction portfolio. (Reporting by Anant Vijay Kala in Bangalore; Editing by Pratish Narayanan)
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Financial markets went down on Dubai because they have become addicted to moral hazard and anything that doesn't conform with the idea that all shall be bailed out is scary. Commentary
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