Ghost Of Merrill Lynch Banker Apparently Haunting The Wife Who Murdered Him
Let this be a lesson to anyone considering “drugging and bludgeoning” their spouse. Nancy Kissel’s retrial for the murder of her Merrill Lynch & Co. banker husband was adjourned today after she...
View ArticleCitigroup Was Happy To Hear Ben Stein’s Uninformed Views On The Market Until...
On the one hand, it’s nice that Citi had the sense to realize that shitty jokes about women would’ve reflected poorly on the organization, and subsequently disinvited Ben Stein as a keynote speaker for...
View ArticleBurt Reynolds Might Need A Place To Crash
Thanks to Merrill Lynch. The “Smokey and the Bandit” star was hit with a foreclosure lawsuit in Florida’s Martin County Circuit Court last Tuesday that claims he’s in arrears to the tune of $1.2...
View ArticleHas Brian Moynihan Also Had All The Fun He Can Stand In Investment Banking?
Probably not, no. The Wall Street Journal reports today that the Fed asked BofA what it would do, just hypothetically, if it got sued even more than it’s already been sued. You might expect “find forty...
View ArticlePenn State Alums/Merrill Lynch Wealth Managers “Struggle” To Understand Why...
Two weeks back, former Penn State defensive coordinator Jerry Sandusky was charged with 40 counts of sexual abuse perpetrated against young boys, including an alleged incident in which Sandusky raped a...
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Bank Of America Investors Still Don’t Feel Properly Compensated For Having...
Remember in 2008, when Ken Lewis was all, “Oooh, wait, I don’t know about this Merrill Lynch thing” and tried to back out of buying the bank? And Hank Paulson threatened to stuff him in a meat locker...
View ArticleNo One Told Ken Lewis Shareholders Needed To Know About Merrill’s Massive...
Remember in 2008, when Ken Lewis was all, “Oooh, wait, I don’t know about this Merrill Lynch thing, it looks kinda bad, I don’t think I want to buy it anymore, I’m nervous [bites nails, shifts weight...
View ArticleKen Lewis Just Wanted To Protect Shareholders From Worrying About Merrill’s...
There are two competing theories of how companies should be governed; one says that management should have a lot of leeway to do what it thinks is best and shareholders should keep quiet and, if...
View ArticleCaption Contest Friday: John Thain, Excited On The Inside, Accepts Father Of...
[Mark_Shriver via BI] Earlier: John Thain Awarded The One Bonus That Can *Never* Be Clawed Back Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: awards, CIT Group,...
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Bill Gross Is Not The Only One Who Feels Fat
Are your pants getting a little tight? Have you become convinced mirrors have a personal vendetta against you? Are you too distracted by the rolls spilling over your pants to trade? Do you find...
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It’s Just So Hard To Know If It’s Wrong To Take Bribes To Let Day-Traders...
If I want to buy a million shares of Facebook, I could call my broker and tell him “go buy me a million shares of Facebook.” What I would like him to then do is: tell everyone who is looking to sell...
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John Thain Is Ready For His Next Challenge
After he was unceremoniously fired from his post at the newly formed Bank of America Merrill Lynch, for reasons that included paying out big bonuses to ML executives and decorating his office with...
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Banks Win Some, Lose Some In Shareholder Lawsuits
A surprising percentage of conversations at Dealbreaker HQ go like this: Bess: Can you really sue someone for [thing someone is suing someone else over]? Matt: Anyone can sue anyone for anything. Bess:...
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Are You A Financial Services Company Stuffed To Gills With Toxic Assets...
Time was, Bank of America loved buying companies. Bonus points if there was a not-so-subtle suggestion by the target’s CEO that BofA would one day be very sorry for doing so, or that they would’ve been...
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You Fight With Bank Of America Over Bad Mortgages, Bank Of America Fights Back
Was there mortgage-related misbehavior at Bank of America and its various after-acquired subsidiaries? I wasn’t there, but on public information, I mean, sure, why not. Some days it looks like there...
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Financial Services Employees To Spend The Month Of January Subsisting On...
…a growing number of self-flagellating New Yorkers who treat — then beat — themselves post-holidays by temporarily giving up vices such as alcohol and sweets, sometimes replacing them with liquid diets...
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Ken Lewis’s Great Idea Pad Sells For $3.15 Million
They said it couldn’t be done. They said it didn’t matter if it was $4.5 million or $2.5 million or if they were giving it away. They said potentials buyers wouldn’t be swayed by the pitch to “sleep...
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Goldman Had A Quarter
Honestly bank earnings week has been a little boring, no? It’s been quarters since anyone announced a six billion dollar trading loss, and the recent news is pretty much modest beats from a diverse mix...
View ArticleBonus Watch ’13: Merrill Lynch
Seems the wily and parsimonious Brian Moynihan has found a new way to “squeeze more revenue” from ML branch managers. In January, Merrill Lynch branch managers saw a new variable in the formula that...
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Taking Job At Merrill Lynch, Not Decision To Turn Office Into Versailles,...
Regrets? John Thain has one. “I wouldn’t have taken the Merrill job,” he said in an interview. “I think that’s probably the single biggest thing.” Mr. Thain’s comments are some of his sharpest yet...
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