Merrill may write down $5.4 billion in Q2: Lehman
on June 27th, 2008
NEW YORK/BANGALORE (Reuters) - Merrill Lynch & Co will likely incur $5.4 billion of write-downs in the second quarter, mainly from its exposure to bond insurers, said an analyst at Lehman Brothers.
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Merrill may write down $5.4 billion in Q2: Lehman
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