This was just the link I was looking for, when I wrote yesterday's post.
Here it is : FACTBOX: Quotes from Merrill's Thain on capital needs.
http://www.reuters.com/article/marketsNews/idINN2824127720080729?rpc=44&sp=true
Meanwhile the Fed has extended its emergency lending programme to investment firms to January 2009.
I wonder if we are all set for another round of writedowns of Toxic CDO's that have no market.
No comments:
Post a Comment