Writedown Thumps Thornburg
Story date: 2007-10-09 10:01:00
Added on: 2007-10-09 18:00:19
Street.Com - It expects to report a $16 million loss on mortgage loans funded during the third quarter. "The global dislocation of the mortgage finance and credit markets this past summer has had a greater impact on our balance sheet than we initially estimated ...
Read more...
Related Stories:
-
Asian stocks mostly higher as credit worries ease - UPDATE
CNN Money - ... Financial News. Merrill Lynch may be facing a 10-billion dollar subprime-related writedown in the current quarter on...
2007-12-26 01:30:00 -
Mortgage mess is behind $3 billion charge at BofA
MSNBC - Bank of America hit by $3 billion in bad debts Fourth quarter writedown related ... related writedown in the fourth...
2007-11-13 01:49:00 -
Bear Stearns to take $1.2 billion credit writedown, post loss in the ...
San Diego Union-Tribune - ... 1.2 billion writedown in the fourth quarter related to weakness in its credit ... hedge funds...
2007-11-14 03:35:00 -
Merrill Lynch to Get $6.2 Billion From Temasek, Davis (Update4)
Bloomberg - An $8.4 billion writedown of mortgage investments and loans led the firm to post a $2.2 billion third-quarter loss and...
2007-12-24 11:55:00 -
BofA $3B Writedown Adds to Credit Angst
Forbes - So far, at least six companies have said they expect mortgage-related writedowns in the fourth quarter, totaling nearly $23 billion...
2007-11-13 01:49:00 -
B of A Will Take $3 Billion Writedown
The Ledger - So far, at least six companies have said they expect mortgage-related writedowns in the fourth quarter, totaling nearly $23...
2007-11-14 03:32:00 -
Santander's Profit Declines on Sovereign Writedown (Update3)
Bloomberg - ... quarter profit declined as it booked a 737 million-euro ($1.08 billion) writedown on its investment in the U.S....
2008-02-07 03:02:00 -
CIBC to take $463 million writedown on subprime mortgage bonds and ...
CNBC - Banks worldwide have been beset by the weakening subprime mortgage market in the U.S., with companies taking more than $40...
2007-11-09 05:32:00