A day before Merrill Lynch shocked Wall Street with a massive writedown, RealMoney Silver's Doug Kass had it first in his blog. Check out his post below, and check out these other must-read Doug Kass articles. Want a free trial to RealMoney Silver so you can get Kass in real-time? Click here. Or check out RealMoney, where Kass participates all day in the Columnist Conversation.
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