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People aren't sure what to make of the synthetic credit default swaps market. The media has been rife with stories suggesting that the market is creaking and may be the next leg down in the credit... Read more...
We have a bit more clarity on the Lehman Brothers situation now that it has released preliminary third-quarter earnings and a peek at capital raising activity. The firm says it will sell a 55 percent... Read more...
People are still talking about JPMorgan's disclosure in a recent 10q that it lost about $1.5 billion due to collateralized debt obligations. A MarketWatch columnist notes that the loss occurred in... Read more...
Superstar Oppenheimer analyst Meredith Whitney has trained her sights on Merrill Lynch. She now expects Merrill Lynch to take total write-downs of $5.8 billion for... Read more...