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Tuesday, July 29, 2008

Merrill: How Many Times Can You Lie?

During a conference call on July 17, Thain said: "Right now we believe that we are in a very comfortable spot in terms of our capital."

Hahahaha. Reuters has a good article on it here.

How many times can you lie to your shareholders before they take you out behind the woodshed in a sudden fit of pure rage?

(Merrill Picture from MacroMan)