Latest On Merrill Lynch

  • John Thain

    The dreamy CEO of Merrill Lynch has been forced out by Bank of America. He kind of had it coming after that $10 million bonus debacle, but he will always be the “Cutest Villain of the Financial Crisis” in my heart. Read More ›

    Amanda Dobbins 5 years ago respond

  • Financial Apocalypse

    Three huge financial institutions were liquidated and resold over the weekend, and thousands of bank closures are to be expected in the coming months. Yikes. I hope this doesn’t make me feel guilty for watching The Hills tonight instead of CNBC. Read More ›

    Peggy Wang 6 years ago respond

  • Mother Of All Mondays

    The U.S. and global markets are reacting to the triple news of Lehman’s bankruptcy, Merrill Lynch’s sale to Bank of America and AIG’s request of a $40 billion bailout from the government. Someone’s got a bad case of the Mondays. Read More ›

    Scott Lamb 6 years ago respond

  • Shit’s Hitting the Fan

    With a new bank sparking fears of collapse almost daily, the stock market on a steady downward trend, and oil prices soaring, the financial industry flutters like an Autumn leaf in apocalyptic winds (sigh). After Bear Stearns went under in March, with the exception of Goldman Sachs, it now seems that no major bank is safe from the long reach of bad credit. In the red corner, heavy-hitters Lehman Brothers, Merrill Lynch, and UBS are all making news headlines as, in the blue corner, investors question the possibility of collapse in light of disappearing profits. With so much speculation and indecisiveness, I think it’s safe to say that nobody really knows what will happen. Shit has been hitting the fan, shit is still hitting the fan, will shit continue to hit the fan? Read More ›

    John Redmond 6 years ago respond