This blog post originally appeared on RealMoney Silver on Jan. 17 at 8:17 a.m. EST.Let me make this simple. Merrill Lynch ( MER) has now taken over $20 billion of writedowns over the last three quarters. I want to put this loss into perspective -- just to show how devastating Stan O'Neal's regime has been. Mother Merrill began 2007 with shareholder equity of "only" $39 billion.
Citi, Merrill Deals No Threat to Shareholders