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gottfried

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gottfried

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Re: michalel97123 post# 32605

Wednesday, 10/24/2007 10:25:34 AM

Wednesday, October 24, 2007 10:25:34 AM

Post# of 36151
"Merrill Lynch, the nation's largest broker, reported a loss
Wednesday for the third quarter and said its write-downs for bad
mortgage loans and related securities was almost $8 billion, well
above the firm's own previous estimate from just a few weeks ago."

http://www.marketwatch.com/news/story/merrill-reports-loss-subprime-write-downs/story.aspx?guid=%7B68BB8376%2D3BF3%2D467D%2DB40B%2D0CF991CC088F%7D

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