RSS Feed by Calculated Risk on 12/14/2007 03:15:00 PM
Friday, December 14, 2007
CNBC: Merrill Writedowns could be $4B to $6B More than Expected
Via Dow Jones (no link, hat tip Brian): CNBC's Charlie Gasparino, citing unnamed sources inside Merrill's fixed-income department, reported that Merrill's writedowns could be $4 billion to $6 billion more than is currently expected.
