Dec 15, 2007

Deutsche Bank analyst Mike Mayo on Merrill Lynch's subprime lending problems

In our view, the quarter showed that Merrill has navigated recent market problems quite well and that the issues of market concern are not a major driver of its earnings.

~ Mike Mayo, Deutsche Bank analyst, "Merrill Lynch's profit rises 31%," MarketWatch, July 17, 2007

(Comments from a recent research report assessing Merrill Lynch's quarterly results.)

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