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Think Merrill Lynch has put the worst of the credit crunch behind it? Goldman Sachs analysts are not convinced. They are telling clients to sell. After a recent stock run that ended last week,... Read more...
The notion that Lehman Brothers might split itself into a bad bank--holding lots of troubled assets--and a good bank--the rest of Lehman--has been floating around for a while. Does the article in the... Read more...
The truth hurts; at least it can when it comes to valuations of structured credit products. We're seeing a host of activity these days that seems to be placing a more realistic valuation on certain... Read more...