Merill Lynch

Psst! Your 401(k) Is Ripping You Off

SmartMoney | Ian Salisbury | Posted 03.21.2012

This article originally appeared on SmartMoney.com America's conversion to the 401(k) plan has certainly created a new world for future retirees, w...

Simon Johnson: Low Bank Capital Is Next U.S. Fiscal Crisis

Bloomberg | Simon Johnson | Posted 10.01.2011

The summer debate that has dominated Washington seems straightforward. Under what conditions should the U.S. government be allowed to borrow more mone...

How Banks Are Using Bulldozers To Minimize The Foreclosure Glut

TIME | Stephen Gandel | Posted 10.01.2011

Banks have a new remedy to America's ailing housing market: Bulldozers. There are nearly 1.7 million homes in the U.S. in some state of foreclosure...

JPMorgan Close To Overtaking BofA As Biggest U.S. Bank

Posted 09.06.2011

NEW YORK (David Henry) - JPMorgan Chase & Co is close to vaulting past Bank of America Corp to become the biggest bank in the United States, but i...

Bank Bailouts: 'The Screwing Of The American People' (VIDEO)

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011

In a video exploration of the bank bailouts, two cute creatures decide the bank bailouts amount to "the screwing of the American people." In the n...

Wall Street Said 'Buy, Buy, Buy' BP Stock As Gulf Crisis Unfolded

Posted 05.25.2011

BOSTON (By Aaron Pressman, Reuters) - As early word of BP's Deepwater Horizon blowout began spreading, investors panicked. After closing above $60 bef...

Banking in America: Swimming in the Deep End

Dennis Santiago | Posted 05.25.2011

Dennis Santiago

It occurred to me that, somewhere along the way, people might be curious about understanding bigger banks in some context other than political vilification.

Bank of America To Give Up Merrill Lynch Deal Documents: AP Source

AP | VINNEE TONG and STEPHEN BERNARD | Posted 05.25.2011

SAN FRANCISCO — After months of resistance, Bank of America Corp. plans to turn over documents showing legal advice it received on its purchase ...

Jed S. Rakoff, The Judge Weighing Merrill Case

New York Times | LOUISE STORY | Posted 05.25.2011

Jed S. Rakoff, a United States District Court judge in Manhattan, is not one to rubber-stamp administrative decisions. Known as a maverick in legal c...

Realities of the Economic Crisis

Michael de Portu | Posted 05.25.2011

Michael de Portu

Financial fraud typically takes a long time to detect and yet, paradoxically, the tell-tale signs are (almost) always in plain sight.

Merrill Lynch Gave Top Earners $209 Million In 2008 (SLIDESHOW)

Huffington Post | Katharine Zaleski | Posted 05.25.2011

UPDATE: Some of the top earners at Merrill Lynch who were given $209 million in 2008 were subpoenaed by New York State Attorney General Andrew Cuomo o...