A $45 Billion Writedown Won't Stop Second-Best Wall Street Year

Story date: 2007-11-12 05:07:00
Added on: 2007-11-12 06:00:23

Bloomberg - ... of $84 billion of market value at the five largest securities firms, Wall Street still is poised to report its second-most ... bank by assets, shut its Dillon Read Capital Management LLC hedge fund unit in May because of losses on subprime mortgages. A ...


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