Merrill last week disclosed $8.4 billion loss

十月 28, 2007 at 11:14 | 張貼於Economy | 發表留言
標籤:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aeJyIsHimO5k&refer=home

Merrill last week disclosed $8.4 billion of writedowns on loans and mortgage-linked bonds, leading to the biggest quarterly loss of its 93-year history. O’Neal, 56, is facing pressure to resign as investors, angered by a 29 percent drop in the stock price this year, question his ability to police risks. Merrill directors met Oct. 26 to discuss his potential departure, the Wall Street Journal reported.

`It’s Awful’

The third-quarter net loss of $2.24 billion, or $2.82 a share, was six times bigger than the firm forecast just three weeks earlier. Merrill’s shares have fallen the most of the five biggest U.S. securities firms. All of them have dropped except Goldman Sachs Group Inc., the largest and most profitable

Tip of iceberg, be carefull. do not buy 0005

廣告

發表迴響 »

RSS feed for comments on this post. TrackBack URI

發表迴響

在下方填入你的資料或按右方圖示以社群網站登入:

WordPress.com Logo

您的留言將使用 WordPress.com 帳號。 登出 / 變更 )

Twitter picture

您的留言將使用 Twitter 帳號。 登出 / 變更 )

Facebook照片

您的留言將使用 Facebook 帳號。 登出 / 變更 )

Google+ photo

您的留言將使用 Google+ 帳號。 登出 / 變更 )

連結到 %s

在WordPress.com寫網誌.
Entries留言 feeds.

%d 位部落客按了讚: