XL Capital, Merrill Payday in Pictures 2 comments
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CDS: massive improvement for XL Capital (XL) and ML
CDS via CMA DataVision:


The most important and most ignored sentence in Merrill's (MER) press release:
The sale will reduce Merrill Lynch’s risk-weighted assets by approximately $29 billion.
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- Ishortyou:
- Comments (683)
To all Banks and Broker Firms: just FIRE SELL all your structure finance vehicles i.e.: CDO-ABS-MBS-SIVs from your books if you want to live period!2008 Jul 30 10:07 AM | Link | Reply -
- fatcat:
- Comments (720)
From what I've read,they are still on the hook for 75% of this junk...2008 Jul 30 12:22 PM | Link | Reply
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