Topic: Merrill Lynch & Co. Inc.
Bank of America names former Northrop Grumman executive Noski as new CFOBank of America said Wednesday it named an outsider, former Northrop Grumman executive Charles H. Noski, as its chief financial officer. Noski, 57, succeeds Joe Price, who now heads Bank of ...
Bank of America said Wednesday it posted a loss of 194 million dollars in the fourth quarter of 2009, and that repayments of government aid boosted the loss for shareholders to 5.2 billion dollars. For all of 2009, the largest US bank ...
Bank of America's repayment of $45 billion in TARP funds will eliminate exec pay restrictionsBank of America Corp. has been having a tough time finding a new CEO willing to accept the restrictions that came as a condition of bailout funds. But ...
ONE MESSY BAILOUT Neil Barofsky pulled no punches in his Nov. 17 report about the bailout of AIG, and those emerging with a black eye include every major Wall Street bank and the current Treasury Secretary. Barofsky, Special Inspector General for the ...
Bank of America is seeking to repay some of the billions of dollars in US government aid it has received in a bid to reduce federal involvement in the company, The Wall Street Journal reported Tuesday. The federal government, meanwhile, is pressing ...
NY AG: Citigroup, which got $45 billion in govt. money, paid more than $5 billion in bonusesCitigroup Inc., one of the biggest recipients of government bailout money, gave employees $5.33 billion in bonuses for 2008, New York's attorney general said Thursday in ...
Former Treasury Secretary Paulson defends response to financial crisis in bipartisan probeDefending the government's handling of the economic crisis last year, former Treasury Secretary Henry Paulson said Wednesday that the Bush administration's responses were not perfect but "saved this nation from great ...
US officials used threats to pressure Bank of America to complete a takeover of ailing Wall Street firm Merrill Lynch last year, documents from a state probe showed Thursday. The documents released by New York state Attorney General Andrew Cuomo indicated that ...
FOR A FAST-ACTING STIMULUS PLAN... Is the economy beyond saving? Srini Mahadan RICHMOND, VA. We don't blame you for asking. To say times feel tough doesn't cover it. They feel unprecedented, even for the one of us who managed through the recessions ...
Editorial Roundup: Excerpts From Recent Editorials in Newspapers in the US and Abroad.Excerpts from recent editorials in newspapers in the United States and abroad: Jan. 22 Chicago Tribune, on Khe Sanh and President Obama's inaugural speech: In his inaugural address ... President ...
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