Merrill to shut down subprime lending unit: report http://www.reuters.com/article/ousiv/idUSN2824798520080228?sp=true
Thu Feb 28, 2008
NEW YORK (Reuters) - Merrill Lynch & Co Inc (MER.N: Quote, Profile, Research) plans to wind down most of its First Franklin subprime mortgage lending unit, responding to continued deterioration in U.S. mortgage markets, business news channel CNBC reported Thursday. http://www.reuters.com/article/ousiv/idUSN2824798520080228?sp=true