
Merrill-Lynch Chairman and Chief-Executive Officer John Thain (C) attends a press briefing in Tokyo. Merrill-Lynch does not plan to raise more capital and will shrink its balance sheet amid the rising global credit crunch, Thain said.

Merrill-Lynch Chairman and Chief-Executive Officer John Thain (C) attends a press briefing in Tokyo. Merrill-Lynch does not plan to raise more capital and will shrink its balance sheet amid the rising global credit crunch, Thain said.
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Labels: Investment, Money, Subprime, US Economy, World-Economy
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