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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (69548)9/26/2007 5:07:39 PM
From: Giordano Bruno  Read Replies (2) | Respond to of 116555
 
Merrill Lynch will see a $1.5 billion loss in its fixed-income business, driven mainly by expectations for about $4 billion in mark-to-mark losses to reflect lower asset values.

Merrill closed down 37 cents. -g-

marketwatch.com



To: RealMuLan who wrote (69548)9/26/2007 5:16:56 PM
From: RealMuLan  Respond to of 116555
 
Call to split US credit ratings agencies

By By Eoin Callan and Krishna Guha in Washington and Saskia Scholtes in New York

Updated: 2 minutes ago
Credit ratings agencies may need to be split up because of serious conflicts of interest in their relationship with Wall Street, the newly appointed head of a high-level advisory panel to the US Treasury said on Wednesday.
msnbc.msn.com


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