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Wednesday, June 11, 2008

Merrill CEO: Economic environment 'tougher than we thought'

by Calculated Risk on 6/11/2008 03:07:00 PM

A few headlines via Dow Jones with comments from Merrill CEO Thain (hat tip Brian):

MBA Purchase Index Click on image for larger headlines in new window.

Hmmm ... 'hasn't decided to raise more capital'? I think we've heard that one before.

The last headline is funny: "Merrill could be coming down with Mono exposure".