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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (195750)10/7/2002 7:55:10 AM
From: orkrious  Read Replies (1) of 436258
 
07:32 ET Merrill left holding unsold Chartered Semi issue
The Financial Times reports that Merrill Lynch looks set to become an unwilling 18% shareholder in CHRT today after a $633 mln rights issue it underwrote for the troubled state-owned chipmaker fell flat.

It's about time these guys got hosed on a deal.
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