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Merrill may take $5.4 bln in Q2 writeoffs: Lehman (Reuters)

Started by riky, June 27, 2008, 02:42:06 PM

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riky

Merrill may take $5.4 bln in Q2 writeoffs: Lehman
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Merrill Lynch & Co  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.</p><br clear="all"/>


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