Newsvine - business - Vine
Citigroup Inc., JPMorgan Chase & Co. and Merrill Lynch & Co. may write down an additional $34 billion in securities linked to the collapse of the subprime mortgage market, according to Goldman Sachs Group Inc.
Business Top Stories -- thestar.com
A committee restructuring this country's $33 billion market for non-bank, asset-backed commercial paper has confirmed its financial adviser, JPMorgan Chase & Co., is the foreign bank that will cover any potential shortfall in a $14 billion backup loan central to its proposed retooling plan.
L.A. Times - Business
Citigroup Inc., JPMorgan Chase & Co. and Merrill Lynch & Co. may write down an additional $34 billion in bonds linked to the collapse of the sub-prime mortgage market, analysts at rival Goldman Sachs Group Inc. say in a new report.
Newsday.com - Business
Citigroup Inc., JPMorgan Chase & Co. and Merrill Lynch & Co. may write down an additional $34 billion in securities linked to the collapse of the subprime mortgage market, according to Goldman Sachs Group Inc.