In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Wednesday, July 02, 2008

Oppenheimer's Whitney: Merrill to Write Down $5.8 Billion

by Calculated Risk on 7/02/2008 09:39:00 AM

From Bloomberg: Merrill Second-Quarter Estimate Cut by Oppenheimer's Whitney

Meredith Whitney expects Merrill to write down $5.8B, the deepest write down estimate so far for MER. Here come another round of write downs ...

Posted by Calculated Risk on 7/02/2008 09:39:00 AM