Significant negative fourth-quarter items for Merrill Lynch include:
•Credit valuation adjustments related to monoline financial guarantor exposures of $3.22 billion.
•Goodwill impairments of $2.31 billion.
•Leveraged loan writedowns of $1.92 billion.
•$1.16 billion in the U.S. Bank Investment Securities Portfolio writedowns.
•Commercial real estate writedowns of $1.13 billion.
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