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7 Oct 2008, 10:07 am
Obama supporters ($4,600):Joel Benoliel of Costco Wholesale Corp.Mark Chandler of Cisco Systems Inc.Michael Helfer of Citigroup Inc.Louise Parent of American Express Co.McCain supporters ($4,600):Rosemary Berkery of Merrill Lynch & Co. [read post]
3 Oct 2008, 6:33 pm
• Reports indicate that as much as $37 billion of the $85 billion which the United States used to bail out American International Group went to investment banks, including Goldman Sachs, Merrill Lynch, Morgan Stanley, and Deutsche Bank. [read post]
3 Oct 2008, 4:21 pm
Note for competitors: there are NO PRIZES for anyone who suggests Fawlty Towers, Bleak House or any other name that has fallen into general use as a derogatory term.Via Miri Frankel comes a piece by Samantha Gross, writing in the Washington Post ("Money meltdown creates identity crises for venues"), on the fascinating issues that arise when well known buildings and venues have been named after businesses or brands that have either ceased to exist or that have lost their attraction.Right:… [read post]
2 Oct 2008, 1:32 pm
Merrill Lynch's chairman and chief executive, John A. [read post]
2 Oct 2008, 6:25 am
Merrill Lynch & Company is sold to Bank of America, AIG faced a liquidity crisis following the downgrade of its credit rating. [read post]
1 Oct 2008, 6:07 pm
Here's the intro: Before the government stepped in last week, the bodies of financial institutions--Lehman Brothers, Merrill Lynch, and A.I.G., with Washington Mutual and even Morgan Stanley threatening to be next--were piling up so fast it seemed possible that Wall Street might simply cease to exist. [read post]
1 Oct 2008, 4:09 pm
After Lehman Brothers and Merrill Lynch collapsed, transactional associates said they had a few simple concerns: It's the end of the world. [read post]
1 Oct 2008, 6:25 am
For many Americans, the collapse of financial giants such as Lehman Brothers, AIG, Merrill Lynch and Wachovia reminds them of other troubled economic times. [read post]
1 Oct 2008, 4:45 am
Bank of America agreed to buy Merrill Lynch. [read post]
30 Sep 2008, 8:56 pm
"We're definitely going to be working with companies like Lehman, Merrill and Morgan," says Anthony Alex, VP, legal services at Pangea3. [read post]
30 Sep 2008, 7:31 pm
Other brokerage houses that marketed structured products to their own clients included Merrill Lynch, UBS, JP Morgan Chase, Citigroup, and Wachovia. [read post]
30 Sep 2008, 5:24 pm
Merrill Lynch and Lehman Brothers are names soon to fade into history, but some reminders of happier times for both securities firms linger, in the form of upbeat recruiting videos still on their Web sites. [read post]
30 Sep 2008, 5:00 pm
When Congress passed the Gramm-Leach-Bliley Act, it created a significant regulatory gap by failing to give to the SEC or any agency the authority to regulate large investment bank holding companies, like Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns. [read post]
30 Sep 2008, 1:11 am
Fannie Mae, Freddie Mac, Merrill, Lehman, Wachovia, Wamu, and even some European banks have fallen… and those are just the national/ global banks…. and like the Bush Administration’s response to hurricane Katrina, the US administration’s efforts to deal with the situation has been late, lacking, and will lead to a lot of misery that could have been avoided had a proper response been taken from Day 1 (2 years ago). so now…I am… [read post]
29 Sep 2008, 10:25 pm
But that bad news is based on results as of June 30, 2008, well before the takeover of Freddie and Fannie, the bailout of AIG, the disappearance of WaMu and Wachovia and Merrill, and the bankruptcy of Lehman, not to mention the failure of the Congressional rescue plan, all of which portends even worse carnage to come. [read post]
29 Sep 2008, 1:53 pm
The defendants in that case include Merrill Lynch, Citigroup, Morgan Stanley, UBS Securities, Wachovia Capital Markets, and four senior executives of Fannie Mae. [read post]
29 Sep 2008, 8:42 am
Then, Bank of America agreed to buy out Merrill Lynch, while Lehman Brothers filed for bankruptcy (September 15). [read post]
28 Sep 2008, 9:23 pm
Amidst all of the tumult over the Fed bailout and the Presidential debates, not to mention a host of other events large and small, news about WaMu’s collapse has already slipped from the front pages of the nation’s newspapers. [read post]
28 Sep 2008, 4:17 pm
Bank of America isn't doing badly either; it got Countrywide and Merrill Lynch for not very much. [read post]
28 Sep 2008, 3:10 pm
These accounts allow investment brokers, such as the financially unstable Merrill Lynch (acquired by Bank of America) and investment bank Lehman Brothers (which filed for bankruptcy), to manage the association’s funds for a fee. [read post]
