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suzyHomemaker

07/29/08 9:17 AM

#1955 RE: realest #1953

That Merrill news is very disturbing to me.

They take a huge write down AND have to issue 9 billion in stock to cover losses. They have said all along that it wasn't going to be necessary to dip from the capital markets.

I guess I'm worried ETrade might have to do the same thing. That would really bite.

I guess we'll see.

There's alot of big economy news this week so I'll probably sit on my hands and see how it falls out.