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Merrill’s Likely Writedowns Next Qtr $3B-$5B -CNBC’s Gasparino

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Merrill’s Likely Writedowns Next Qtr $3B-$5B -CNBC’s Gasparino

Last Update: 6/27/2008 8:08:11 AM

DOW JONES NEWSWIRES

Merrill Lynch & Co. (MER) likely will face a new round of writedowns in the next
quarter in a range of $3 billion to $5 billion, CNBC’s Charlie Gasparino reported
Friday, citing people inside the company. Full story at www.cnbc.com

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