Merrill Lynch Cut to `Sell’ at Goldman on Writedowns

Sept. 5 (Bloomberg) — Merrill Lynch & Co., down 50 percent in New York trading this year, was cut to “sell” at Goldman Sachs Group Inc. on concern the firm may post more writedowns tied to credit-related investments.Goldman added the third-biggest U.S. securities company to its “conviction sell” list, according to a report by analysts [...] continue reading world news