Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Friday, November 2, 2007

SEC Investigates Merrill Lynch's Mortgage Troubles

Merrill Lynch just can't stay off the front pages, and it's not good news.  The Wall St. Journal reports that the SEC is investigating whether the company knew last summer that its losses with mortgage securities were bigger than it disclosed at the time.  It is also looking into how Merrill Lynch valued its securities.  Apparently, Merrill has been making deals with hedge funds in order to postpone losses.  Enron all over again?  WSJ, Deals With Hedge Funds May Be Helping Merrill Delay Mortgage Losses.

http://lawprofessors.typepad.com/securities/2007/11/sec-investigate.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e54f8bde5d8834

Listed below are links to weblogs that reference SEC Investigates Merrill Lynch's Mortgage Troubles:

Comments

Post a comment