Anonymous Coward User ID: 779543 United States 10/12/2009 10:39 PM Report Abusive Post Report Copyright Violation | four biggest U.S. banks may face writedowns. Oct. 12 (Bloomberg) -- The four biggest U.S. banks by assets may have to take writedowns on $55 billion of mortgage- collection contracts after marking them up by $11 billion in the second quarter, casting a shadow over earnings. [ link to www.bloomberg.com] |