Category Archives: Wall St.
Mum on Merrill
Bank of America shareholders are not happy about being infected by Merrill Lynch’s toxic assets. Ken Lewis, the fired chairman, says Paulson and Bernanke pressured him to keep Merrill Lynch’s sickly condition secret while Bank of America acquired it. Here’s a story in Forbes and here is a WSJ editorial.
Bernie Madoff: Free at Age 220
At least you know where your money went if Bernie stole it.