Merrill Lynch Make 696 Millionaires Before Bailout and Merger

Watchdog blasts Merrill bonuses

Merrill doled out 'gigantic' bonuses despite heavy losses, says Cuomo

By Aaron Smith, CNNMoney.com staff writer

Last Updated: February 11, 2009: 11:50 AM ET

NEW YORK (CNNMoney.com) -- Merrill Lynch "secretly" doled out huge bonuses before reporting a huge quarterly loss and getting absorbed by Bank of America, according to New York state's attorney general. Full Story

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