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Merrill Lynch posts big loss (Reuters)

Started by riky, April 17, 2008, 01:27:29 PM

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riky

Merrill Lynch posts big loss
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Merrill Lynch & Co  on Thursday
posted a nearly $2 billion first-quarter loss, and said it
plans to cut 4,000 jobs after suffering several billion dollars
of write-downs for subprime mortgages and other risky assets.</p><br clear="all"/>


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