Search Options
close
Search the following clips:
All Clips
Everyone's Clips
My Guides
Sign Up
Install
Learn More
Login
Merrill May Take $5.4B In Q2 Writeoffs: Lehman
Forbes Markets
follow
2
6-27-2008 8:58 AM
405 views
tags:
merrill lynch
,
banking
,
credit crunch
Forbes Markets
says:
More ouch.
Add a Comment
Login
to Comment. Not a member yet?
Sign up
Related Clips
Now Wall Street may shun $700bn bail-out
Funny Investment tips for 2008
Sen. Reid Cries 'Bankruptcy' In Front Of ...
The True Cost of Rewarding Greedy Bankers
Wall Street Executives Made $3 Billion Bef...
As Capitalism Crumbles, U.S. Taxpayers Pic...
Wall Street Executives Scored $3 Billion a...
More clips from
Forbes Markets
Prosecutors Expected To Spare Wall St. Firms
U.S. Grapples With Power Dive Amid Financi...
Lehman Hedge-Fund Clients Left Cold As Ass...
Today's Top Clips
Earth From Above - Stunning!
Cannabis less harmful than drinking, smoking: report
The Man Who Stuck His Head Inside a Particle Accelerator
Women: Just so darn tempting.
Saudi Cleric Favours One-Eye Veil
Stories They Can't Tell You
Artist Builds Temple of Science
Is Aging an Accident of Evolution? Scientists Say "Yes"
Too many calories send the brain off kilter
Magical Thinking
visit the
Top Clips page
View the Top Clips from
June 27, 2008
Embed This Clip In Your Site...
<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/67d0b78f-f391-4417-99d7-01977652f4d6/B0E344E2-5188-4A53-979F-9FD1DFFDB6F7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/ousiv/idUSBNG19253620080627" href="http://www.reuters.com/article/ousiv/idUSBNG19253620080627" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/ousiv/idUSBNG19253620080627"><P>Merrill Lynch & Co (MER.N: <A href="http://www.reuters.com/stocks/quote?symbol=MER.N">Quote</A>, <A href="http://www.reuters.com/stocks/companyProfile?symbol=MER.N">Profile</A>, <A href="http://www.reuters.com/stocks/researchReports?symbol=MER.N">Research</A>, <A href="http://reuters.socialpicks.com/stock/r/MER">Stock Buzz</A>) will likely incur $5.4 billion of write-downs in the second quarter, mainly from its exposure to monolines, said an analyst at Lehman Brothers, who also saw higher quarterly losses at the world's largest brokerage.<SPAN id="midArticle_byline"></SPAN></P><SPAN id="midArticle_0"></SPAN> <P>Analyst Roger Freeman raised his write-down view by $3 billion for Merrill, making his estimate the highest among Wall Street analysts. Analysts have till date expected write-downs to range from $3.5 billion to $4.2 billion.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B0E344E2-5188-4A53-979F-9FD1DFFDB6F7/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
Clipmarks
Home
New Clips
Top Clips
Dashboard
Popular Topics
News
Life
Science
Technology
Entertainment
Get Started
Sign Up
Install Clipping Tool
How Clipping Works
Clip-to-Blog™
ClipSearch
Tools and Resources
FAQ
ClipWeek
Top Clippers
Top Tags
Site Map
About Clipmarks
About Us
Contact
Blog
Copyright
Privacy
EULA
OK