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Merrill lynch News

Emails Suggest Geithner Colluded With AIG to Violate SEC Rules

Recently released emails from Nov. 2008 suggest that New York Fed President Timothy Geithner instructed AIG to withhold key details from the public about the 'back-door bailout' that benefited Goldman Sachs and more than a dozen other Wall Street firms

In the Media by Bill Lindner - 5 comments

Moynihan to Take over as Bank of America CEO

Brian Moynihan was announced this week as Ken Lewis' successor at Bank of America. Lewis will be retiring at the end of this month.

In the Media by Michael Bearak

Bank of America to Repay TARP

Bank of America is preparing to pay back the $45 billion dollars it borrowed from the U.S. government as part of the Troubled Assessts Recovery Program (TARP).

In the Media by Michael Bearak

Bank of America Suffers $1 Billion Third Quarter Loss

Bank of America announced on Friday a third quarter net loss of $1 billion, which it attributed to ongoing difficulties within the U.S. and global economies.

In the Media by Chris Dade

Judge Orders Trial for SEC Allegations Against Bank of America

A federal judge has ordered that the Securities and Exchange Commission (SEC) must go to court to prove their claim that the Bank of America misled investors over bonuses being paid by Merrill Lynch, the financial services firm they acquired last year.

In the Media by Chris Dade

Bank of America gets $138 billion bailout

The U.S. government has decided to bailout Bank of America with a mammoth $138 billion. The bailout includes $118 billion to guarantee toxic assets and another $20 billion as an investment from the Troubled Assets Relief Program (TARP).

In the Media by Bodhisattva Banerji - 1 comment

Op-Ed: Wall Street is Dead

What's left of the Street is now in effective meltdown, and a global economic superpower is reshaping itself in an inglorious garage sale. Forget the election, this is what will make the next few years for America, whoever wins.

In the Media by Paul Wallis - 31 comments

Op-Ed: A Gold Medal for Last Week's Bull Rally

It was beautiful. It was wow. It was unbelievably exciting. It was indescribable. It was beyond superlatives and no we are not talking about the spectacular display at the Beijing National Stadium, it was the bull rally last week on Wall Street.

In the Media by Marvin Clark

Merrill Lynch's CEO expected to step down

The head of US investment banking giant Merrill Lynch & Co is expected to step down as early as Monday, The New York Times reported Monday. The third quarter red ink compared to profits of 3 billion dollars in the same period of 2006.

In the Media by dpa news

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Watch: Tune-Yards Interview: On Making 'Whokill'

AudioFile: Merrill Garbus directs music video 'Gangsta,' dances in 'Bizness.'

Watch: Zola Jesus Interview: 'Conatus,' David Lynch Remix

AudioFile: Nika Roza Danilova discusses recording 'Conatus' and Lynch's remix.

Watch: Best Commencement Speeches of 2012

Graduation speakers include President Obama, Oprah Winfrey and Jane Lynch.

VIDEO: World's oldest yoga teacher at 93

Tao Porchon-Lynch has been named the oldest yoga teacher in the world by Guinness World Records.

AUDIO: 'Lynch-mob mentality' over Goodwin

Former trade minister Lord Digby Jones speaks to the Today programme's Simon Jack about the decision to strip Fred Goodwin, former chair of RBS, of his knighthood.