Pfizer (PFE) and Merck (MRK) proposed $41B merger - which will eliminate nearly 16,000 jobs - is...

|By:, SA News Editor

Pfizer (PFE) and Merck (MRK) proposed $41B merger - which will eliminate nearly 16,000 jobs - is being backed by banks (JPM, GS, C, BAC) that have received billions in TARP funds, leading some to question whether this is the best use of taxpayer dollars. "They shouldn't be using bailout money to get rid of people."