Why Merrill's CDO Sale Doesn't Mean Big Writeoffs Elsewhere [View article]
Absolutely agreed Tom. Saying every CDO needs to be written down to 22c (or 5c depending on how you view it) is like saying every stock needs to be marked down to $2 (or $10) because that's where BSC went. Ok, not the same .. but u get the idea ..
Why Merrill's CDO Sale Doesn't Mean Big Writeoffs Elsewhere [View article]