Make that a tough month for Merrill Lynch, the U.S. brokerage founded in 1914. First, record losses and stock plunge, and CEO replacement. Now the SEC investigation on off-balance-sheet deals to obscure risky mortage debt (AP), the forced exit of the chief of ML’s consulting services arm (Jacksonville Business Journal), and the exit of a municipal pension fund from the ML portfolio (Global Pensions).
Est. 2005. Fka What About Clients? Law. Business. Americas. Europe. New Ideas. Old Verities. Heroes. Real Girls. Anglo-Irish Verve.
Est. 2005. Fka What About Clients? Law. Business. Americas. Europe. New Ideas. Old Verities. Heroes. Real Girls. Anglo-Irish Verve.
Est. 2005. Fka What About Clients? Law. Business. Americas. Europe. New Ideas. Old Verities. Heroes. Real Girls. Anglo-Irish Verve.