More Writedowns

UBS is expected to writedown $7.11 billion. Citigroup is exptected to have more writedowns after $8-11 billion and $1.8 billion.

Barclays is expected to writedown about $3 billion, which is better than the rumored more than $10 billion. Update - Barclays will writedown $2.7 billion.


http://online.wsj.com/article/SB119508846028193546.html?mod=djemheard