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• n  (accounting) reduction in the book value of an asset

• But, by forcing companies to write-down their content assets so extremely they are saying that the firms can never go home again.
• The acquirer can deduct from its taxes the full amount of the write-down.
• Merrill Lynch was also combing the world for cash in the face of yet another write-down, expected to be $15 billion.

• write-off

News & Articles

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• Fitch Downgrades Various Distressed U.S. RMBS Bonds to 'Dsf'
  Fitch Ratings has downgraded 249 distressed bonds in 155 U.S. RMBS transactions to 'Dsf'. The downgrades indicate that the bonds have incurred a principal write-down. Of the bonds downgraded to 'Dsf', all classes were previously rated 'Csf'.
  June 14, 2013 - Business Wire via Yahoo! Finance
• Asmussen says ECB would not vote for debt haircut on OMT states
  KARLSRUHE, Germany (Reuters) - The European Central Bank (ECB) would not vote for a debt write-down for any state whose debt it had bought under the OMT bond-buying scheme, executive board member Joerg ...
  June 11, 2013 - Reuters via Yahoo! Finance
• Germany doesn't expect IMF call for Greek debt write-down
  BERLIN (Reuters) - A German Finance Ministry spokesman said on Monday he saw no reason to believe that the International Monetary Fund (IMF) would call for another write-down of Greek public debt. Chief ...
  June 10, 2013 - Reuters via Yahoo! Finance