Reuters: Merrill may take $5.4 bln in Q2 writeoffs: Lehman

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Merrill may take $5.4 bln in Q2 writeoffs: Lehman
      

(Reuters) - Merrill Lynch & Co  will likely incur $5.4 billion of write-downs in the second quarter, mainly from its exposure to monolines, said an analyst at Lehman Brothers, who also saw higher quarterly losses at the world's largest brokerage.
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