Exhibit 15

                                                August 24, 2001

Merrill Lynch & Co., Inc.
4 World Financial Center
New York, NY 10080

We  have  made  a  review,  in accordance  with  standards  established  by  the
American  Institute of Certified Public  Accountants,  of the unaudited  interim
consolidated financial information of Merrill Lynch & Co., Inc. and subsidiaries
("Merrill Lynch") for the three-month periods ended March 30, 2001 and March 31,
2000 and the three- and six-month periods ended June 29, 2001 and June 30, 2000,
as  indicated  in  our  reports   dated  May  11,  2001  and  August  10,  2001,
respectively;  because we did not perform an audit,  we  expressed no opinion on
that information.

We  are  aware that  such  reports  referred  to above,  which are  included  in
your  Quarterly  Reports on Form 10-Q for the quarters  ended March 30, 2001 and
June 29, 2001, are incorporated by reference in this Registration Statement.

We  are also aware  that the  aforementioned  reports,  pursuant to  Rule 436(c)
under the Securities Act of 1933, are not considered a part of the  Registration
Statement  prepared  or  certified  by an  accountant  or a report  prepared  or
certified by an accountant within the meaning of Sections 7 and 11 of that Act.

/s/ Deloitte & Touche LLP