Topic: Merrill Lynch & Co. Inc.

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 a report ...
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 " Democrat Phil Angelides and ...

US pressured Bank of America to buy Merrill: probe

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 top ...
Corporate missteps at Bank of America (BoA) involving the $50 billion agreement to purchase Merrill Lynch (ML) raise significant corporate-governance issues about the level of fiduciary duty exercised by BoA's CEO Ken Lewis and its board of directors. It appears there were ...

SmartMoney's Power 30

Most of us know that when it comes to the economy, Fed Chairman Ben Bernanke is an important player, and that when we ponder the next big thing on the Web, we need to watch the folks at Google. But few of ...

Fund managers look to China

The U.S. Congress may have passed its stimulus package, with another plan in the works for homeowners, but it is renewed optimism about China's economic growth that is most exciting to fund managers, according to a report from Merrill Lynch.. The February ...

FOR A FAST-ACTING STIMULUS PLAN...

FOR A FAST-ACTING STIMULUS PLAN... Srini Mahadan RICHMOND, VA.We don't blame you for asking. In each of those downturns, on any given February day, even as the economy sputtered, you could still predict your April sales to within a couple of percentage ...
ITT Corporation (ITT) Q4 2008 Earnings Call February 04, 2008 9:00 am ET. He is joined by Denise Ramos, Chief Financial Officer, and additional speakers. Presenting this morning are Chairman and CEO, Steve Loranger, and Chief Financial Officer, Denise Ramos. Good morning, ...

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: //tinyurl.com/boprdx___Jan. 28Los Angeles Times, on Obama's TV interview with Al Arabiya: All this activity will sound familiar to many Americans, ...
Seinfeld fans will remember the episode where Jerry refers to people that appear to be the exact opposites of George and Kramer as being from "Planet Bizarro". Planet Bizarro comes from a comic book featuring Superman and Batman. On Planet Bizarro, everything ...