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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Giant Write-Down Is Seen for Merrill - New York Times. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Giant Write-Down Is Seen for Merrill - New York Times
by Mike the Usurper at 8:08 pm EST, Jan 11, 2008

Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost double its original estimate, prompting the firm to raise additional capital from an outside investor.

That's Billion, with a B. 1-800-RUN.

RE: Giant Write-Down Is Seen for Merrill - New York Times
by flynn23 at 1:45 pm EST, Jan 12, 2008

Mike the Usurper wrote:
Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost double its original estimate, prompting the firm to raise additional capital from an outside investor.
That's Billion, with a B. 1-800-RUN.

Great. No problem. They can start reclaiming their share of the $38B in bonuses that Wall Street paid out in 2006 to pad their P&L.