Merrill CEO says does not plan to raise more capital
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080408/2008_04_08t050927_450x300_us_merrill_thain.jpg?x=130&y=86&q=85&sig=mFylhfmig0FiuHS.3tZESg--" align="left" height="86" width="130" alt="Merrill Lynch and Co Chief Executive John Thain poses in a file photo. Merrill does not plan to raise more capital and will continue to shrink its balance sheet amid the global credit crunch, Thain said on Tuesday. (Eric Thayer/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080408/bs_nm/merrill_thain_dc)Reuters - Investment bank Merrill Lynch & Co Inc
does not plan to raise more capital and will continue
to shrink its balance sheet amid the global credit crunch,
Chief Executive John Thain said on Tuesday.</p><br clear="all"/>
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