Investment
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Merrill May Face $4 Billion Write-Down of Mortgage and Related Assets
Sep 26, 2007An analyst at Goldman Sachs cut his full-year earnings estimate for Merrill Lynch by 25 percent on the expectation that the third-largest Wall Street investment bank may record up to $4 billion in mortgage and related losses. From Bloomberg: [Goldman Sachs analyst William] Tanona cut his third-quarter earnings estimate to 15 cents a share from $1.95. For the full year, he expects earnings of $6.75 a share, or 25 percent less than his previous prediction …
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Morgan Stanley Faces ‘Redlining’ Claims
Sep 24, 2007 -
Bloomberg: Citigroup Curtails Warehouse Credit Activity
Sep 07, 2007 -
HSBC Cuts 600 Jobs; Will Close One Office
Aug 22, 2007 -
More Hedge Fund Trouble: Goldman Puts Up $3 Billion
Aug 13, 2007 -
Vive Les Subprime Credit Crunch: BNP Paribas Freezes Funds
Aug 09, 2007 -
The Opposite of Containment: Another Bear Stearns Hedge Fund in Trouble
Jul 31, 2007 -
It’s Official: Bear Sees Troubled Subprime Hedge Fund Implode, Other Likely to Follow
Jul 26, 2007 -
Update: Bear Stearns Tells Investors Subprime Hedge Funds are ‘Almost Worthless’
Jul 17, 2007 -
‘Bloodbath’ or Overreaction? When it Comes to Subprime, The Jury is Still Out
Jul 17, 2007 -
JP Morgan, Deutsche Bank: Recession Unlikely, But Market Woes Have a Way to Go
Jul 16, 2007 -
Loud Critic, Quiet Beneficiary: Paulson & Co. Rakes in Returns from CDO Crisis
Jul 09, 2007
