ALSO NOTED: Analyst says Merrill Lynch is now undervalued; Bank stops taking mortgage apps; and much more...

Company News:
> Analyst says Merrill Lynch is now undervalued. Article
> Bank stops taking mortgage apps. Article
> Wells Fargo to buy back shares. Article
> RBS's chances go up in ABN battle. Article

Industry News:
> Another German fund stops redemptions. Article
> More on the overall credit picture. Article
> NYMEX shopping building ahead of deal. Article

And Finally... The 10 most expensive cars. Article