Economic Outlook: Bold and reckless
If the United States needed a financial soap opera -- a dubious premise, perhaps -- the purchase of Merrill Lynch by Bank of America is shaping up as a doozy. Investigators from the corridors of Congress, New York State and the Securities and Exchange Commission are probing the deal with fine-toothed...
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- News Source: Washington Post | about 1 month agoCongressional investigators think that reams of internal documents turned over by Bank of America last Friday show that its executives were alarmed by mounting losses at Merrill Lynch well before shareholders voted to approve the merger, according to...
- News Source: Charlotte Observer Online | about 1 month agoThe revelation is likely to fuel accusations that the Charlotte bank threatened to abandon the purchase only because it wanted to win a bailout from government officials worried about a tottering financial system. The purchase ultimately closed Jan.
- News Source: United Press International | about 1 month agoIf the United States needed a financial soap opera -- a dubious premise, perhaps -- the purchase of Merrill Lynch by Bank of America is shaping up as a doozy. Investigators from the corridors of Congress, New York State and the Securities and...
- News Source: Fox News | about 1 month agoGovernment regulators threatened to remove top Bank of America executives if they backed out of a buyout of failing brokerage giant Merrill Lynch, and offered to provide taxpayer funds to compensate for Merrill's poor performance, according to...
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- Blog Source: www.thedeal.comSeveral e-mails and documents obtained by investigators from Bank of America Corp. reveal another story concerning the deal between BofA and Merrill Lynch.
- Blog Source: www.beantownonline.comFeds threatened to oust BofA execs over Merrill deal Government regulators threatened to remove top Bank of America executives if they backed out of a buyout of failing brokerage giant Merrill Lynch, and offered to provide taxpayer ...
- Blog Source: www.newmediablog.comFeds threatened to oust BofA execs over Merrill deal. Washington Times, by Kara Rowland Posted By: Photoonist- Wed, 21 Oct 2009 05:50:49 GMT Government regulators threatened to remove top Bank of America executives if they backed out of ...
- Blog Source: dealbook.blogs.nytimes.comA congressional committee investigating Bank of America's controversial purchase of Merrill Lynch decided to postpone a public hearing in order to question three key bank officials about the deal, The Boston Globe reported.
- Blog Source: dealbook.blogs.nytimes.comNew internal documents from Bank of America suggest that bank officials may have told the federal officials of their plans to exercise an escape hatch in their deal for Merrill Lynch as part of a high-stakes negotiating strategy to ...
- Blog Source: www.mcclatchydc.comInternal Bank of America documents and e-mails show that one of the candidates to become the bank's next chief executive was among the leaders heavily involved in crafting a government rescue package used to seal its Merrill Lynch ...
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Image Source: www.marketoracle.co.uk... Releases BofA Merrill ...Image Source: www.marketoracle.co.uk... Releases BofA Merrill Documents. -
Image Source: 3.bp.blogspot.com -
Image Source: assets.bizjournals.comPaulson to testify on BofA-...Image Source: assets.bizjournals.comPaulson to testify on BofA-Merrill ... -
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Image Source: www.foxbusiness.com -
Image Source: moderateinthemiddle...
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- Video Source: www.truveo.com
- Video Source: www.truveo.com
- Video Source: www.truveo.comCongress Questions Bernanke on ...Video Source: www.truveo.comCongress Questions Bernanke on BofA-Merrill Deal, Pt. 3
- Video Source: www.truveo.com
- Video Source: www.truveo.comIn-Depth Look - BofA-Merrill ...Video Source: www.truveo.comIn-Depth Look - BofA-Merrill Deal Controversy
- Video Source: www.truveo.comIn-Depth Look - Bernanke ...Video Source: www.truveo.comIn-Depth Look - Bernanke Testifies In BofA/Merrill Deal - Bloomberg
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