Tag Archives: Morgan Stanley

Sub-Prime Write-Downs more than 50% done: Are Write-Ups Coming Next?

S&P was out with a report today saying that the banks are more than half-way through in recognizing losses attributed to sub-prime mortgages. They revised their estimate of total losses up to $285B from $265B but this is much less … Continue reading

Posted in Financials/Real Estate | Tagged , , , , , | Leave a comment