RSS Feed by Calculated Risk on 7/29/2008 05:13:00 PM
Tuesday, July 29, 2008
Analyst Mayo: Citigroup Write-Downs May Increase $8 Billion
A little spillover from the Merrill Lynch CDO sale ...
From Bloomberg: Citigroup Markdowns May Rise $8 Billion, Analyst Says
Citigroup Inc. will probably write down the value of collateralized debt obligations by $8 billion in the third quarter, Deutsche Bank AG analyst Mike Mayo said ...
