Wall Street tells Washington: Consequences of U.S. default or prolonged debt debate are 'unquantifiable'
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Wall Street leaders addressed the debt ceiling issue, urging Washington to resolve the crisis as soon as possible, adding that the consequences of a U.S. default or a prolonged negotiation would be "unquantifiable."
"The short-term impacts of a protracted negotiation are costly; the long-term implications of a default are unthinkable," current and former leaders of the…