Reuters: Merrill riskiest after Bear Stearns, says Wachovia

[chris]

Merrill riskiest after Bear Stearns, says Wachovia
      

(Reuters) - Merrill Lynch  is the riskiest major broker after Bear Stearns , with gross exposure to subprime collateralized debt obligations of $30.4 billion, 3.3 times the sector average, Wachovia Capital Markets said.
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