Loan and Mortgages News
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Billions Of Writedowns May Not Spell Bottom For Banks
CNNMoney.com - Wall Street brokers in the past month have written down more than $6 billion of leveraged buyout loan commitments and multiples of that on mortgages, … Merrill Will Report Third-Quarter Loss on Writedowns (Update7) 3rd UPDATE: Merrill Sees 3Q Loss After $5 Billion In Writedowns $20B worth of subprime pain |
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