(Reuters) - The losses related to subprime mortgages. Bids for the seized assets are scheduled to be negotiated starting at noon EDT on Monday, the report said.
Representatives of Bear Stearns and Merrill Lynch could not be immediately reached for comment.
Read more at Reuters.com Business News
Representatives of Bear Stearns and Merrill Lynch could not be immediately reached for comment.
Read more at Reuters.com Business News
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