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19 Nov 2008, 12:27 am
  Implications of SWFs Since the recent sub-prime mortgage crisis has stuck at the heart of Wall Street, threatening the collapse of many financial institutions crucial to the economic infrastructure of the United States, SWFs have provided a much needed "cash infusion" into the market.[5] Some of the more prominent investments have been made in Citigroup, Morgan Stanley, and Merril Lynch.[6] One major concern that SWFs pose is the possibility that… [read post]
15 Nov 2008, 10:33 pm
In 2005, Merrill Lynch CEO Stanley O'Neal boasted that Merrill Lynch had "the right people in place as well as good risk management and controls. [read post]
12 Nov 2008, 1:15 pm
The New York Times had a piece in the weekend edition on the fall of Merrill Lynch. [read post]
11 Nov 2008, 9:46 pm
If you think that Bank of America hires lawyers as Merrill Lynch hired lawyers, guess again. [read post]
31 Oct 2008, 11:06 am
Citigroup has been hinting it will use its $25bn buying other banks, while John Thain, the chief executive of Merrill Lynch, told analysts: "At least for the next quarter, it's just going to be a cushion. [read post]
31 Oct 2008, 9:59 am
Take the financial giant Merrill Lynch who has just been swallowed up by Bank of America. [read post]
31 Oct 2008, 7:00 am
In addition to the failures of corporate America, employees are being forced into signing unfair and over broad noncompete agreements.For example, take the retention agreement offered by Bank of America as a part of its purchase of Merrill Lynch. [read post]
28 Oct 2008, 9:14 am
” Sidney Powell, a Texas attorney for former Merrill Lynch employees who are still awaiting retrial for participating in a Nigerian power deal with Enron, puts it most pointedly: “Enron was a gnat compared to what’s going on. [read post]
24 Oct 2008, 9:28 pm
• As many as 10,000 Merrill Lynch employees may lose their jobs when Bank of America consummates its $50 billion acquisition of Merrill. [read post]
23 Oct 2008, 6:51 pm
John Thain, Merrill Lynch's Chief Executive, said earlier this week at a speech in Dubai that, of Merrill's 61,000 employees, thousands would lose their jobs when Merrill is merged into Bank of America. [read post]
20 Oct 2008, 10:23 am
 With the collapse of Lehman Brothers Holdings, the buyout of Merrill Lynch along with several other Wall Street firms, and the government bailout of American International Group, many are beginning to reevaluate and question Wall Street and the executives that run the corporations.[1] While the Bush administration was proposing a $700 billion bailout plan, investors began to point fingers at the wealthy corporate executives that pocketed… [read post]
17 Oct 2008, 3:35 pm
• Both Citigroup and Merrill Lynch reported substantial losses as a result of the ongoing credit crisis. [read post]
15 Oct 2008, 2:21 pm
Pitt cited John Thain at Merrill Lynch as a highly compensated chief executive who demonstrated that he had "no clue" about a key facet of the company's business, as he continually revised public statements about the extent of Merrill's mortgage-related write-downs--"$5 billion one day, to $7 billion, then to $11 billion. [read post]
14 Oct 2008, 5:00 pm
Wells Fargo will get $5 billion for its acquisition of Wachovia, and Bank of America the same for amount for its purchase of Merrill Lynch. [read post]
9 Oct 2008, 4:38 pm
Recently, for example, a retirement fund known as County of York Employees Retirement Plan filed a lawsuit in our Chancery Court seeking to stop the sale of Merrill Lynch to Bank of America. [read post]
9 Oct 2008, 2:01 pm
  This is not new news as being in New York we started to feel the real economic impact in mid-September as Lehman melted down and as Merrill Lynch was bailed out by Bank of America. [read post]
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]