I read today shock horror an article about Merrill Lynch and how they have been ‘effected’ by the credit crunch. Ill quote
“The sub prime debacle saw Merrill slide into a third quarter loss of 1.1 billion its first loss since dot com crash of 2001”
Awwwwwwwwwww Less champagne this Christmas :tears::tears::tears:
2006 Merrill lynch comments
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The Christmas bonus season on Wall Street has been the most lavish ever, fuelling the New York economy and dramatically improving the city government's finances thanks to tax revenues.
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Its funny you just don’t read about those who are getting their homes/trailer reprocessed because they will sold mortgages they could never afford :mad::mad::angry: