Merrill Lynch Posts Steep Third-Quarter Loss, Roiled by Mortgage and Credit Crisis (Canadian Business)
Story date: 2007-10-24 05:58:05
Added on: 2007-10-24 23:16:55
NEW YORK (AP) - Merrill Lynch & Co., the world's biggest brokerage, on Wednesday said the summer's credit crisis triggered a bigger-than-expected $7.9 billion writedown during the third quarter.
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