2008-08-12typepad.com

"Merrill Lynch traded like crap all day and now we know why. John "we-don't-need-to-raise-no-stinking-capital" Thain's latest plan includes a humongous and dilutive equity capital raise, as well as a sell off of much of the kaka paper on the firm's balance sheet."



Comments: Be the first to add a comment

add a comment | go to forum thread