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Merrill Lynch And The Mortgage Crisis

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Merrill Lynch And The Mortgage Crisis

Economy

Merrill Lynch And The Mortgage Crisis

Merrill Lynch And The Mortgage Crisis

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Pulitzer Prize-winning journalist Gretchen Morgenson discusses the unprecedented collapse of Merrill Lynch, America's most famous brokerage house.

Morgenson is the assistant business and financial editor of The New York Times. Her article "How the Thundering Herd Faltered and Fell" appeared in the Times on Nov. 8.