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Merrill Downgraded; Lehman Looks to 80s For Inspiration
Sep 05, 2008Wall Street continued to struggle with the aftermath of the mortgage market collapse on Friday, with a well-known analyst cutting Merrill Lynch & Co. [stock MER][/stock] to a sell rating over mortgage-led concerns, while battered Lehman Brothers Holdings Inc. [stock LEH][/stock] saw the latest rumors around the firm center on a possible creation of a 1980s-style “bad bank” to absorb nearly all commercial mortgage holdings.
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10: Georgia’s Integrity Bank Fails
Aug 29, 2008 -
As REO Inventory Grows, Vendors Jockey For Position
Aug 29, 2008 -
Sharp Revision to New Home Sales Leads to July Gain
Aug 26, 2008 -
Carteret Mortgage Latest To Close; Accredited Exits Wholesale
Aug 26, 2008 -
Existing Home Sales Post Gain, But So Does Inventory
Aug 25, 2008 -
Tech Roundup: New Partnerships Figure into Industry Landscape
Aug 25, 2008 -
Speculation of a Takeover at Lehman Grows
Aug 22, 2008 -
Greenspan: Housing Will Bottom in mid-2009
Aug 14, 2008
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