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Friday, November 2, 2007
Merrill lynch in trouble again
--charged to cloak vulnerability by selling risky mortgages to hedge fund and gaurantee to buy back --in one deal, a hedge fund bought $1 bil in CP backed by a ML entity containing mortgages
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daily market review 11/27/2007
Abu Dhabi Investment Authority (ADIA) won a nice d...
bond insurers face downgrades pressure
Fed reserve acts to calm jitters
HSBC SIV
HSBC becomes the first bank to bail out its SIVs
the greed and need of CDOs market
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how does Merrill become a large holder of subprime...
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CDO market size
State Street managed CDO, Carino CDO ltd is downgr...
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Citigroup extend the loss in Q4 due to writedown
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Double Taxation - Corp vs LLC
credit market condition worsen
Merrill lynch in trouble again
daily market review 11/02/2007
GMAC Q3 2007
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