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American Banks are fucked!!!!!!!!!!!!!!!!!!
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07-18-2008, 12:14 PM
woj
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Join Date: Jul 2002
Location: Chicago
Posts: 47,882
Balance Sheet of Merrily Lynch:
Total Cash (mrq): 668.44B
Total Debt (mrq): 518.77B
5B loss sounds like a huge number, but that's less than 1% of the cash they have... Not exactly "sky is falling" situation yet...
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