Merrill Lynch's (MER) Market-Cap Falls Below BlackRock's

With shares of Merrill Lynch (NYSE: MER) down another 11% today, its market cap is now lower than BlackRock, Inc. (NYSE: BLK), a company it owns 50% of.

The pressure in Merrill Lynch has been related to the fall of Lehman (NYSE: LEH). Merrill is considered the next weakest link in investment banking due to to its bloated balance sheet.

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