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To: LTK007 who wrote (167139)	5/21/2002 2:50:26 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 436258

itsally, Actually, the deal was $45 million to New York and $55 million for all the other states. The Civil suits will be interesting. As our folks say, they can't sue you for being stupid. <g>

To: LTK007 who wrote (167139)	5/21/2002 2:56:25 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<Also Spitzer action was only ONE state, the possibilities for pain to Merrill remains. They can get civil suits from one state after another after another now that Spitzer has broken the ice. We will see over time more developments, i believe. Max>> That thought occurred to me, too. Lots of state governments will have budget shortfalls, might be a good way to make it up (especially if NY was able to shake 'em down for 100 million...and they are only ONE brokerage!)