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Showing results for tags 'Merrill'.
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Check it out, baby! Wah say . . . got like dat one??. NNKC!!
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By Saskia Scholtes and Greg Farrell in New York Published: January 7 2009 23:13 | Last updated: January 7 2009 23:13 Temasek, the Singapore state investment fund, is sitting on significant paper losses related to its stake in Merrill Lynch, the investment bank acquired by Bank of America last week. The state agency
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Merrill Lynch, also stung by the credit crunch, has agreed to be taken over by Bank of America, the latest twist in a dramatic turn of events on Wall Street. So what will happen to all our money???? Very wrong term holding.
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posted on: December 05, 2007 | about stocks: SPY Print Email While most of the market fusses about whether the odds of a recession hitting the U.S. economy are 30%, 40% or 50%, Merrill Lynch (MER) isn
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Merrill: Where Was The Board? Liz Moyer, 10.28.07, 10:15 PM ET The credit crisis may have finally claimed the chief executive of a major financial firm. Stanley O'Neal, chief executive of Merrill Lynch (nyse: MER - news - people ), was reportedly close to resigning Sunday after shockingly bad third-quarter results, an admission that risk management had broken down at the firm and speculation he floated a last-ditch merger idea with Wachovia (nyse: WB - news - people ) days before reporting the $2.2 billion loss. The Wall Street Journal said that O'Neal was negotiating the terms of his departure Sunday after Merrill's board of directors decided Friday to seek his scalp over the poor results. A Merrill spokesperson declined to comment. Although O