Merrill Lynch (MER) reveue in Q1 rose 24% to $9.85 billion. EPS was up from $1.65 to $2.26 when a charge from last year is taken out.

But, the story was investment banking. That segment at the company was up 43% to $6.5 billion. Within that segment, equity-market revenue rose 50%.

No one wants their kids to be doctors anymore. The should go into investment banking.

Douglas A. McIntyre