On AlterNet: merrill lynch

Stories, blog posts, and videos tagged as "merrill lynch"

5 Outright Illegal Scams That Should Put Wall St. Bankers Behind Bars

Zach Carter, AlterNet. September 21, 2010.

From laundering drug money to gouging you on overdrafts, here are five scams where Wall Street ran afoul of the law.

Unreal: Banks' Created Fake Demand to Boost Profits and Yearly Bonuses

Jake Bernstein, Jesse Eisinger, ProPublica. August 27, 2010.

Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history.

Bank of America Tops Forecasts With $3.2 Billion Profit

Agence France Presse July 17, 2009.

Revenues rose 60 percent from a year ago to 33.1 billion dollars, lifted in part by the acquisition of Wall Street brokerage Merrill Lynch.

Michael Moore: Madoff Is a Convenient Distraction for a Bunch of Crooks Who Aren't in Jail

Michael Moore, Time Magazine. May 2, 2009.

Had Madoff just followed the example of his fellow tycoons, he could have legally multiplied his wealth many times over, legally.

'Too Big to Fail' Is Too Big -- Period

Jim Hightower, Creators Syndicate. April 4, 2009.

The "too big" claim forms the rationale for the diversion of regular people's money into rich people's pockets.

Merrill Lynch Bonuses Were 22 Times the Size Of AIG's

Megan Slack, Huffington Post. March 31, 2009.

Merrill Lynch's bonuses to execs totaled $3.6 billion, one-third of the money they received from the feds' TARP bailout.

The Faces of the Financial Crisis

Staff, American News Project. September 17, 2008.

An in-depth look at the millionaires behind the collapse of our nation's investment giants.

When CEOs Get Huge Pay for Shoddy Performance

Sam Pizzigati, Too Much: A Commentary on Excess and Inequality. November 7, 2007.

Amid the sub-prime mortgage meltdown, a Merrill Lynch CEO finds himself ushered out the door. Can we learn a lesson from his reckless rush to glory?

Who's Funding Global Warming?

Tara Lohan, AlterNet. February 5, 2007.

Find out which banks are part of the problem, and which are part of the solution, in the fight against global climate change.