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Merrill Lynch posts big loss, cutting 2,900 jobs (Reuters)

Started by riky, April 17, 2008, 10:50:52 PM

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riky

Merrill Lynch posts big loss, cutting 2,900 jobs
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Merrill Lynch & Co  posted its
third straight quarterly loss on Thursday and said it planned
to cut 2,900 more jobs after recording more than $6.5 billion
in write-downs on subprime mortgages and other risky assets.</p><br clear="all"/>


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