Merrill Paid Billions In Bonuses, As New Owner Sought More Bailout Dollars
Posted in Main Blog (All Posts) on January 26th, 2009 5:37 am by HL
Merrill Paid Billions In Bonuses, As New Owner Sought More Bailout Dollars
It’s got stiff competition, but Merrill Lynch may have just wrapped up the prize for the investment bank that best exemplifies Gordon Gekko’s famed articulation of the Wall Street creed: “Greed is good.” The Financial Times reports (sub. req.) today…
Could Obama’s Executive Order Help Pry Loose Bush Records?
Over at TPM, Josh and David have been mulling the significance of the executive order, issued today by President Obama, concerning the Presidential Records Act. Could it apply retroactively to previous administrations, making it easier to pry loose records that…
No More Madoffs: Schumer, Shelby Want Beefed Up Efforts to Combat Financial Fraud
The wages of Madoff continue to grow… A new bill being introduced by Senators Chuck Schumer and Richard Shelby would aim to crack down on financial fraud by adding hundreds of new prosecutors and investigators to the Department of Justice…
