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Thursday, July 31, 2008

Merrill: SHOW ME THE ($30B in New) MONEY!

I've detailed Merrill's write-downs previously, but now lets take a look at how much capital they have been able to raise to replenish these write-downs. Over the past 6-7 months Merrill has raised a whopping $30B.

Source: Bloomberg

Update: I proudly present (and this time I have WAY too much time on my hands).... MERRILL'S SPILLED MILK!