Merrill Lynch - a loss of $15.31 Billion Q4

[godoftrading]

Bank of America, the Charlotte, N.C. bank noted that preliminary Merrill Lynch results indicate a fourth-quarter loss of $15.31 billion; the Merrill results weren't reflected in B. of A.'s quarterly numbers.

http://www.marketwatch.com/News/Story/Story.aspx?guid={6F0B3B65-E944-4E47-BCEE-4FC48455790C}

There is no reason for Merrill to exist anymore...end of story

[Bolimomo]

Do brokerage firms ever downgrade their own stock? Did Merryll Lynch ever put a "sell" rating on MER?

[Wookie]

The $1 Million question is did/does the Proprietary MER Trading Desk ever shorted MER ???

I bet the answer to that could be darn embarrassing to many...:eek2: