Merrill Reports First Loss Since 2001 After $7.9 Billion Charge

[stock_trad3r]

market nearly flat now

The merrill story was no big deal no surprise

 

[a529612]

Merrill - Wall St's cheapskate employer...

Oct. 24 (Bloomberg) -- Merrill Lynch & Co.'s average compensation per employee slid 27 percent in the first nine months to $181,308, the lowest of Wall Street's top five securities firms.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aeaD9gT5bSf4&refer=home

 

[ASusilovic]

Quote from a529612:

Merrill - Wall St's cheapskate employer...

Oct. 24 (Bloomberg) -- Merrill Lynch & Co.'s average compensation per employee slid 27 percent in the first nine months to $181,308, the lowest of Wall Street's top five securities firms.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aeaD9gT5bSf4&refer=home

I would become redundant - voluntarily....

 

[a529612]

Quote from ASusilovic:

I would become redundant - voluntarily....

A Goldman janitor probably makes more than a white collar job at Merrill.