Merrill Lynch shocked the market last night when it moved to raise $8.5bn (£4.3bn) through a public share offering to shore up its balance sheet, sold $11.1bn of toxic mortgage securities and took a fresh $5.7bn write-down.
read more | digg story
Subscribe to:
Post Comments (Atom)
3-29-2026
Pentagon preparing for weeks of ground operations in Iran, Washington Post reports White House App Found Tracking Users' Exact Locatio...
-
They're saying F-U to Congress, essentially read more | digg story
-
“In the Shitter”: Democratic Rep. Reads Out Entire List of Trump Crimes - Representative Jasmine Crockett used Republicans’ Biden impeachm... -
A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
No comments:
Post a Comment