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Academic

: Securities Law Prof Blog

Industry Losses Continue to Pile Up

By Securites Lawprof

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Merrill Lynch reported a huge $9.8 billion loss for the fourth quarter and $16.7 billion write-downs in mortgage-related investments. CEO John Thain said the firm's capital was adequate and that the majority of its businesses did "really, really well," except...

Full post as published by Securities Law Prof Blog on January 18, 2008 (boomark / email).

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