Bank of America
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JPMorgan, Bank of America Expected to Write Down $3 Billion
Oct 08, 2007A report in the Financial Times finds that analysts are projecting $3 billion in write-downs between leveraged loans and mortgage-related losses at JPMorgan and Bank of America. Both are the two largest banks (investment and otherwise) that have yet to visit what many have taken to calling the “confessional” for the third quarter earnings period. Reuters reports:
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Job Cuts Fall 29 Percent Vs. Year Ago, In Spite of Growing Mortgage Drag
Oct 03, 2007 -
Calculated Risk: Just What Kind of Deal Did Countrywide Get?
Aug 23, 2007 -
Report: BofA Investing $2 Billion in Countrywide
Aug 22, 2007 -
Countrywide Rallies on Rate Cut; Worried Depositors Pull Out Cash
Aug 17, 2007 -
Where Some See ‘Mortgage Crisis,’ Others See (Sub) Prime Opportunity
Aug 13, 2007 -
GMAC Gets New Boss, Sort Of
Jun 19, 2007 -
New Century Faces $8.4 Billion in Buybacks; ‘Done’
Mar 12, 2007 -
Countrywide, BofA merger talks overblown
Jan 29, 2007 -
Commentary: One Month In
Jan 27, 2007
