Temasek Holdings Pte. Ltd., a Signaporean state-owned investment company, on Thursday reported holding a 9.4% stake in Merrill Lynch & Co. According to a filing with the Securities and Exchange Commission, Temasek beneficially owns 91.67 million shares of Merrill Lynch. http://www.marketwatch.com/news/sto...x?guid={D7B39057-3EC4-4B4C-8D97-F7C84052B6CE}
Suss------foreign investors-------foreign assets-------you know the rest. Has your CIBC-friend done anymore downgrades of MER?