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Date : the 02/01/2008
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Channel: Economics, Finance
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Bank stocks look cheap, but buyers remain cautious

Bank stocks look cheap, but buyers remain cautious

Merrill Lynch & Co. Chief Executive John Thain is making a pitch to Wall Street: Buy the brokerage's shares while they're still cheap. But investors don't seem ready to listen. In this Oct. 24, 2007 file photo, a man walks into a Merrill Lynch office in Menlo Park, Calif.. Merrill Lynch & Co., the world's largest brokerage, is expected to report quarterly earnings Thursday, July 17, 2008.

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