Relevant:
- Blame it on Merrill: JP Morgan's stung by $1.5 billion July writedown
- Merrill CEO says doesn't plan to raise more capital
- The dynamic central banking duo -- ECB balance sheet up over €3.1 trillion mimicking Fed balance that is close to $3 trillion. Shuffling toxic assets into darkness.
- Merrill Matches Citigroup; $9.83 Billion Net Loss in Q4
- Mitt Romney Considering Infamous Ex-Merrill Lynch CEO To Replace Geithner
2008-05-12 — minyanville.com
"Speaking at the UBS Global Financial Services Conference this morning, Merrill Lynch (MER) Chief Financial Officer Nelson Chai outlined the firm's $44 billion of equity capital and stressed that the firm is "very comfortable" with the balance sheet and the credit quality of what's on the balance sheet."- John Thain Jr.
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