Why bother

[Joelle]

Why bother
      

The bloodletting of the third quarter is splattering over Wall St this morning, with grim market conditions taking their toll. Merrill Lynch reported a third-quarter net loss of $7.5 billion on write-downs and credit losses on complex debt securities. The once mighty brokerage last month accepted a takeover bid from Bank of America. It said [...]
         

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