BuzzFeed - Buzz Tagged "merrill lynch" http://www.buzzfeed.com BuzzFeed, Find Your New Favorite Thing en Copyright 2008 BuzzFeed, Inc. Thu, 18 Mar 2010 23:13:21 -0400 nomail@example.com (http://www.buzzfeed.com/about) nomail@example.com (http://www.buzzfeed.com/about) Mortgage Bonus Breakdown http://75.101.183.223/rd?type=100&user=akdobbins&buzz=mortgage-bonus-breakdown&c=754RK7&u=77867&url=http%3A%2F%2Fbuzzfeed.com%2Fakdobbins%2Fmortgage-bonus-breakdown%2F&rd=http%3A%2F%2Fbuzzfeed.com%2Fakdobbins%2Fmortgage-bonus-breakdown%2F

The NYT examines the role that bonuses played in the financial breakdown. This chart compares the bonuses in the fixed-income division of Merrill Lynch to its profits as a whole. Summary: it pays to totally fuck up the financial system.

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]]> http://buzzfeed.com/akdobbins/mortgage-bonus-breakdown Fri, 19 Dec 2008 10:57:35 -0500 John Thain http://75.101.183.223/rd?type=100&user=akdobbins&buzz=john-thain&c=74H777&u=77867&url=http%3A%2F%2Fbuzzfeed.com%2Fakdobbins%2Fjohn-thain%2F&rd=http%3A%2F%2Fbuzzfeed.com%2Fakdobbins%2Fjohn-thain%2F

BUSINESS BUZZ: 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.

The Best Links:

  1. Thain resigns, effective immediately
  2. Thain resigns from Bank of America
  3. John Thain’s Expense Report
  4. This $87,000 rug probably didn’t help matters
  5. CNBC: Thain will not receive bonus
  6. NY Atty Gen freaks out at request
  7. Thain’s Trophy Wife requests $10 million
  8. Thain spars with Bank of America board
  9. Bank of America’s aquisition deal has already been approved
  10. The New Yorker says he deserves it
  11. Thain’s bonus request to be heard today
  12. John Thain continues to be hot
  13. the Decline and Fall of John Thain
  14. Hank Paulson is Hot - Featured on BuzzFeed

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]]> http://buzzfeed.com/akdobbins/john-thain Mon, 08 Dec 2008 12:27:54 -0500 Financial Apocalypse http://75.101.183.223/rd?type=100&user=peggy&buzz=financial-apocalypse&c=71D4V7&u=72Q7&url=http%3A%2F%2Fbuzzfeed.com%2Fpeggy%2Ffinancial-apocalypse%2F&rd=http%3A%2F%2Fbuzzfeed.com%2Fpeggy%2Ffinancial-apocalypse%2F

BUSINESS BUZZ: 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.

The Best Links:

  1. Panic Grips Credit Markets - Everyone Run for Cover!
  2. James Moore: A Nation of Village Idiots
  3. Financial Crisis Should Thrill Obama
  4. Financial Chaos Will Change American Finance History
  5. Stocks Drop On News Of Lehman Brothers Bankruptcy, Bank Of America’s Merrill Lynch Buyout
  6. Wilbur Ross: Thousands of Bank Closures Coming
  7. Federal Reserve Board Announces Several Initiatives to Provide Additional Support to Financial Markets
  8. Lehman Files for Bankruptcy; Merrill to Be Sold

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]]> http://buzzfeed.com/peggy/financial-apocalypse Mon, 15 Sep 2008 11:40:48 -0400 Mother Of All Mondays http://75.101.183.223/rd?type=100&user=scott&buzz=mother-of-all-mondays&c=71D1R7&u=7B37&url=http%3A%2F%2Fbuzzfeed.com%2Fscott%2Fmother-of-all-mondays%2F&rd=http%3A%2F%2Fbuzzfeed.com%2Fscott%2Fmother-of-all-mondays%2F

BUSINESS BUZZ: 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.

The Best Links:

  1. Here We Go: The Mother Of All Mondays
  2. Just Another Manic Monday
  3. Markets Spiral In A Crisis Of Confidence
  4. Wall Street Will Never Be The Same Again

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]]> http://buzzfeed.com/scott/mother-of-all-mondays Mon, 15 Sep 2008 08:01:00 -0400