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From: Jeffery Edwards <jeevacation mail.com>
To: jes.staley©
Sent: 7/31/2008 11:14:24 PM
Subject: Re:
I don't know why merrill isn'the next mess, Singapore will buy but I
wouldn't
On 7/31/08 2:56 PM, "jes.staley <S>
wrote:
> Hey boss,
> We just got done with Jamie's off site. I think we did ok.
> The mortgage market continues to deteriorate. But with commodities coming
> off we are betting that markets will start to improve, even though a number
> of small banks will go under. Did you see Merrill's latest write-off. Just
> think, Merrill has now lost more money than it has made in its entire
> existence.
> I hope you are hangin there. Just think of the island and my boat anchored
> in front. I do.
> jes
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EFTA01256049
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