Merrill Lynch (MER) Expected To Write-Down $6-$8 Billion

According to reports from the Wall Street Journal, Merrill Lynch (NYSE: MER) is expected to report additional write-downs of $6-$8 billion when it reports on Thursday, citing a person familiar with the matter. This would bring the total for Merrill to more than $30 billion and would mean Merrill would report its third straight quarterly loss. [LJ]

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