Merrill Lynch And The Mortgage Crisis ***
Nov 13th, 2008 · Pulitzer Prize-winning journalist Gretchen Morgenson discusses the unprecedented collapse of Merrill Lynch, America's most famous brokerage house.
Nov 13th, 2008 · Pulitzer Prize-winning journalist Gretchen Morgenson discusses the unprecedented collapse of Merrill Lynch, America's most famous brokerage house.
Sep 17th, 2008 · With the collapse of Lehman Brothers, the sale of Merrill Lynch and the bailout of insurance giant AIG, long-standing financial fortresses of America are imperiled and the stock market is like a Six Flags roller-coaster. In the midst of such upheaval, history offers a few lessons.
Sep 16th, 2008 · In his seven-year tenure at the helm of Bank of America, Ken Lewis has made many big buys: FleetBoston, MBNA, LaSalle and Countrywide — to name a few. But none quite match the risk, expense and scope of the Merrill Lynch deal.
Sep 16th, 2008 · After the huge drop in the U.S. market Monday, markets in Europe and Asia tumbled as well. A former analyst for Merrill Lynch breaks down what he sees as a culture of greed on Wall Street. Then, Slate.com's Jim Ledbetter discusses why he thinks the government should have bailed out Lehman Brothers.
Sep 16th, 2008 · The financial fallout continues on Wall Street, with Lehman Brothers in crisis and Merrill Lynch in danger. Money Coach Alvin Hall and NPR's Adam Davidson explain details of the crisis, and what consumers can expect moving forward.
Sep 16th, 2008 · Wall Street lost more than 500 points Monday reacting to the bankruptcy of Lehman Brothers and the sale of Merrill Lynch. It was the worst loss since the Sept. 11attacks. Adding to the misery is insurance giant American Insurance Group, which is facing serious trouble.
Sep 16th, 2008 · Stock markets in Asia took a big hit Tuesday after Wall Street's 504-point drop on Monday. Most Asian markets were closed Monday for a holiday, so Tuesday was the first time investors reacted to the news of Lehman Brothers' bankruptcy and Merrill Lynch being bought by Bank of America.
Sep 16th, 2008 · The hottest major player on Wall Street is currently Bank of America. The North Carolina-based bank's recent purchase of Merrill Lynch will create one of the largest financial services firms in the world.