22 Jun 2008: Latest Writedown News

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The following are the links regarding the global credit crunch that have been recently added to the Credit Crisis Timeline. The full timeline is accessible here

2008 06 09 Lehman Brothers to post $3 bln loss; sets $6 bln stock sale
2008 06 09 Lehman to post $2.8 billion quarterly loss
2008 06 09 Lehman Cuts $130 Billion of Assets to End Bear Stigma
2008 06 09 Citigroup, Merrill, UBS Face Further Writedowns, Whitney Says
2008 06 09 Washington Mutual Falls on $22 Billion Loss Estimate
2008 06 11 Banks face $10bn monolines charges
2008 06 12 KeyCorp to raise $1.5 billion, cut dividend 50%
2008 06 13 Fifth Third plunges 11% on analyst cut
2006 06 16 AIG Ousts Sullivan, Taps Willumstad As Losses Mount
2008 06 17 Zions falls the most in six years on expected rise in bad loans
2008 06 18 Morgan Stanley Profit Drops on Debt Losses, Trading
2008 06 18 Fifth Third Falls on Plan to Raise $2 Billion, Cut Dividend
2008 06 18 Subprime Losses Top $396 Billion on Brokers’ Writedowns: Table
2008 06 18 Paulson & Co. Says Writedowns May Reach $1.3 Trillion
2008 06 19 HBOS writes off £1bn and warns on house prices
2008 06 19 UBS, Credit Suisse Face More Writedowns, Goldman Says

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