Lawyer Central- National Network of Attorneys for Lawsuits and Claims
Home >> Injury Central >> Commercial Bankruptcy Resources >> DISCOVER FINANCIAL SERVICES TO TAKE INVESTMENT-RELATED WRITE DOWN OF UP TO $19 MILLION AFTER TAX

DISCOVER FINANCIAL SERVICES TO TAKE INVESTMENT-RELATED WRITE DOWN OF UP TO $19 MILLION AFTER TAX

2008-05-30 08:02:13.287
Discover Financial Services (NYSE: DFS) announced today that in the quarter ending May 31, 2008, it expects to partially write down a previously disclosed investment in the asset-backed commercial paper notes of Golden Key U.S. LLC, which had invested in U.S. mortgage-backed securities. The estimated charge will range from $18 million to $31 million pretax, or $11 million to $19 million after ...
Lawyer Central Also Recommends These Stories:
FREE EVALUATION

Complete the Form Below and Talk to Experienced Lawyers


Practice Area
First Name
Last Name
Phone
Okay to call at this number?
Yes No
Email
Zipcode
Case Specifics
5601








Lawyer Central Practice Areas
Commercial BankruptcyConsumer BankruptcyForeclosure

Lawyer Central News Centers
FDA NewsEPA NewsCPSC NewsNational NewsVerdict NewsSettlement NewsJury NewsSupreme Court News

October 07, 2008
Disclaimer - Terms of Use