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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (92790)10/24/2007 9:19:49 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Side effect of the ML writedown is that the fed is almost certainly going to cut rates again at the upcoming meeting.

What will be really shocking is if this isn't the last major mortgage related writedown for ML.



To: CalculatedRisk who wrote (92790)10/24/2007 9:25:58 AM
From: Giordano BrunoRespond to of 306849
 
They're addicted to quants, visted with a director yesterday.



To: CalculatedRisk who wrote (92790)10/24/2007 11:28:34 AM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
guest analyst (janet tavacoli) on cnbc this morning called ML 'enronesque' in their report

cnbc.com

oh what a difference a couple of weeks makes, right stan?

(btw, she also said she didn't think the CEO or the CFO survives this)


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