Merrill Lynch reported a $4.65 billion loss during its second quarter yesterday, surpassing the expectations of the most pessimistic analysts and underscoring the continued toll of the subprime mortgage meltdown even as economists and policymakers turn their attention to other economic threats such... -
Merrill Lynch Posts $4.65 Billion Loss In Second Quarter
Merrill Lynch reported a $4.65 billion loss during its second quarter yesterday, surpassing the expectations of the most pessimistic analysts and underscoring the continued toll of the subprime mortgage meltdown even as economists and policymakers turn their attention to other economic threats such...-
By Renae Merle and David Cho