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Thursday, October 16, 2008

It’s been a while, writedown, old friend

FT Alphaville » Blog Archive » It’s been a while, writedown, old friend:

"It’s been a while, writedown, old friend

Merrill Lynch’s Q3 results are out. The statement isn’t online yet, but the snaps across the wires don’t look pretty. It’s the return of the multi-billion writedown.

*MERRILL LYNCH & CO INC WRITE-DOWNS OF $9.5 BILLION

*MERRILL LYNCH & CO INC Q3 SHR LOSS $5.58
Thankfully Bank of America did all that due diligence. They must be well prepared.

This entry was posted by Sam Jones on Thursday, October 16th, 2008 at 11:46 and is filed under M&A, Capital markets, People. Tagged with merrill lynch. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site."

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