Bank of America, the Charlotte, N.C. bank noted that preliminary Merrill Lynch results indicate a fourth-quarter loss of $15.31 billion; the Merrill results weren't reflected in B. of A.'s quarterly numbers.
http://www.marketwatch.com/News/Story/Story.aspx?guid={6F0B3B65-E944-4E47-BCEE-4FC48455790C}
There is no reason for Merrill to exist anymore...end of story
