John Thain To Meet With Korea Sovereign Fund Chief

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Dow Jones reports that Merrill Lynch CEO John Thain will be sitting down with South Korea's sovereign wealth fund and key government officials during the first week of September. Supposedly the hang out is "just a courtesy call" to see what's a poppin' and "not out of the ordinary," which makes sense if you believe that MER has no plans to raise new capital. Will things go as smoothly for Thain as they did for Fuld? Stay tuned.
Related: Lehman Looked To East, Got Nothing

Merrill Lynch CEO To Meet Korea Sovereign Fund Chief [Dow Jones]

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