Showing posts with label X Bailout X Bank CEO's X Bank Of America X CNN X Confiscate Bonuses X Cuomo X Fire Top Executives X Jody's Wall Street Plan X Merger X Merrill Lynch X Millionaries X New York Attorney General. Show all posts
Showing posts with label X Bailout X Bank CEO's X Bank Of America X CNN X Confiscate Bonuses X Cuomo X Fire Top Executives X Jody's Wall Street Plan X Merger X Merrill Lynch X Millionaries X New York Attorney General. Show all posts

Wednesday, February 11, 2009

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

Read related post: Jody’s Wall Street Plan - Confiscate Bonuses, Cap CEO Compensation & Fire Top Executives


Posted by Jody at 11:31 AM 0 comments
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