Merrill Lynch

The Daily Show: Still No Accountability For The Big Banks
From this Thursday's The Daily Show, guest host John Oliver took Wall Street and the SEC to task for allowing one after the other of these big banks to avoid any real criminal or civil liability for crashing the global economy. Read more...
Bank of America announced on Friday that it will pay $2.43 billion to settle a class-action lawsuit with shareholders following its acquisition of Merrill Lynch in 2008. The $50 billion deal came within days of Merrill Lynch’s collapse, Read more...
Bank of America's top executives neglected to tell their shareholders about the losses at Merrill Lynch before completing the $50 billion purchase of the company in 2008. Shareholders were instead told of projections showing the deal would Read more...
I'd really love for someone to explain to me why these guys haven't been indicted: Two years before the financial crisis hit, Merrill Lynch confronted a serious problem. No one, not even the bank's own traders, wanted to buy the supposedly Read more...
Will Blog for Food: A Scientist, His Work, and a Climate Reckoning Mother Jones: They finally hit rock bottom Scott Horton: Rethinking Public Integrity Prosecutions slacktivist: Five golden rings and some Salem Lights The Read more...

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Dylan Ratigan talks to Simon Johnson and The New York Times' Gretchen Morgenson about whether the fraud on Wall Street extends far beyond Goldman Sa Read more...
Good to know that they're not limiting their investigation to Goldman Sachs, because this is a systemic problem and crooked Wall Street practices need Read more...
How do you know who the corporatists like in an election? Follow the money. Scott Brown (R-MA), the Republican candidate running for the special U.S Read more...
Very interesting - if Congress actually intends to pass this. (Or if the banks let them!) The repeal also removed protections that kept banking and Read more...
Matt Taibbi says we should run Elizabeth Warren for president in 2012, and the more I read about how the since-appointed members of the Obama admini Read more...