Published: July 31 2008 written by Clifford Bennett

With Merrill Lynch & Co’s write downs rising to US$18.7 billion over just twelve months, with the latest quarterly addition being US$5.7 billion, the writing is on the wall, and the pavement of Wall Street, that things in the financial district may just still get worse before they get better.

Read the full article at Compare Shares 31/07/08