CNBC Appearance: Me on Merrill & Thain
I am appearing on CNBC at 12:20 to discuss last week's Merrill Lynch/John Thain Write Down Capital Raise.
Click for video . . .
>
Here is Thain's response on CNBC; He is a bit more circumspect, and acknowledges the unknowns.
(its only "kinda weasely):
Part I
http://www.cnbc.com/id/15840232?video=812578803
Part II
http://www.cnbc.com/id/15840232?video=812588581&
UPDATE: August 4th, 2008 12:25pm
Not bad, but a little off my game. Forgot to mention risking investors confidence may make it harder to raise the next round when needed.
Must still be a bit woozy from all the travel and Scotch this weekend . . .
Monday, August 04, 2008 | 12:05 PM | Permalink
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Make sure you drill them on the "Gee, not sure how we missed that writedown when we posted our numbers two weeks ago". Wheres the SEC on that deal?
Posted by: Mark W | Aug 4, 2008 12:27:35 PM
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