http://blownmortgage.com/2007/10/05/merrill-adds-55-billion-to-the-write-down-pile/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sun, 15 Nov 2009 18:55:57 -0700 http://wordpress.org/?v=2.8.3 hourly 1 http://blownmortgage.com/2007/10/05/merrill-adds-55-billion-to-the-write-down-pile/comment-page-1/#comment-4916 Jon Fri, 05 Oct 2007 20:53:24 +0000 http://blownmortgage.com/2007/10/05/merrill-adds-55-billion-to-the-write-down-pile/#comment-4916 Although some jobs will be lost, overall I think Merrill will be able to bounce back from this difficult quarter. Most firms have now learned that the terms in the subprime mortgages were a bad idea (although in my opinion they should have known that in the first place). Plus, the experience of the Board at Merrill http://www.newsvisual.com/newsvisual/2007/10/experience-on-m.html shows that they have the capability to turn the company around by next quarter. Although some jobs will be lost, overall I think Merrill will be able to bounce back from this difficult quarter. Most firms have now learned that the terms in the subprime mortgages were a bad idea (although in my opinion they should have known that in the first place). Plus, the experience of the Board at Merrill http://www.newsvisual.com/newsvisual/2007/10/experience-on-m.html shows that they have the capability to turn the company around by next quarter.

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