by Calculated Risk on 4/16/2008 01:20:00 AM

From the WSJ: Merrill Upped Ante as Boom In Mortgage Bonds Fizzled On Thursday

Merrill will report $6 billion to $8 billion in new write-downs, according to a person familiar with the matter. The latest would bring its total since October to more than $30 billion ...

$30 billion here, $30 billion there ... it really is starting to add up.