Merrill Lynch Lost $15.31 Billion In Fourth Quarter, Bank Of America Says

Discussion in 'Stocks' started by ASusilovic, Jan 16, 2009.

  1. so is this it for MER writedowns? how much more could there be? wasn't that quarter where they took 22 cents on the dollar for a bunch of assets supposed to be the "kitchen sink" quarter, where they wrote everything down except the kitchen sink? how many more kitchen sinks they got?
     
    #11     Jan 16, 2009
  2. any thoughts on what a fair valuation for BAC common shares is after taking into account the announced government dilution?
     
    #12     Jan 16, 2009
  3. talknet

    talknet

    Bank of America quarter loss is $8.5 billion.
     
    #13     Jan 16, 2009