Article: Merrill Lynch disputes allegetions of chicanery.(Merrill Lynch & Company Inc.)

Merrill Lynch has been under the media's microscope in recent weeks over the $7.9 billion write down it suffered in the third quarter after revaluing its positions in collateralized debt obligations, which have decreased in value because some of these opaque pools of various types of securitized debt were exposed to bad subprime loans.

The papers had a field day when it fired its chairman and CEO Stan O'Neal, who was blamed by many for pushing the company into the riskier investments, just days after the earnings report. Its much-publicized search for a new headquarters, which seemed to be focused on midtown to the consternation of public officials, has also ...

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