Merrill Lynch sets up group to shed bad assets Reuters - NEW YORK (Reuters) - Merrill Lynch & Co Inc (MER.N: Quote, Profile, Research) is setting up a group to get rid of troubled or underperforming assets and named US fixed income sales head Doug Mallach its head, according to an internal memo. Mallach Tapped at Merrill To Dispose of Troubled Assets Merrill Shifts Mallach to Lead Firm's Purge of Troubled Assets |
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