Disliked[MERRILL] will report new write-downs from $6-8 bln, according to WSJ citing a unnamed person familiar with the matter. This would bring the bank's total write-down since Oct to more than $30bln and mark its third straight quarterly net loss. It says the firm is readying a cost saving plan that will shed 10% to 15% of jobs.Ignored
Merrill ??? Still walking???