COMMON PEOPLES SOURCE for News » Merrill Lynch

“Rise Of The Phoenix” Scum

OldMan1 — Thu, 14 Jan 2010 22:17:01 +0000

January 14, 2010

The Facts

John Thain

Surely you remember Merrill Lynch. Founded in 1914 by Charles Merrill and Edmund Lynch, it prospered well for 94 years. Then in 2008 it went bust and was purchased by Bank of America using taxpayer money. The man at the helm before and during its bust [...]

Federal Judge Rakoff Doesn’t Stand A Chance

OldMan1 — Wed, 26 Aug 2009 14:38:33 +0000

If he and the SEC’ definition of justice is a lousy $33 million fine with no one being personally held accountable, then “the nation’s top Wall Street cop” really is in an “awkward” spot. In fact, the “spot” is much more than awkward; it’s outright insulting. [...]

SEC To BofA – Nod-Nod Then A Wink-Wink

OldMan1 — Tue, 04 Aug 2009 11:41:50 +0000

Bank of America is fined $33 million. Now they're laughing all the way to the next crime. [...]

Republican Darrell Issa — Definitely NOT CNBC’s Friend (Videos)

OldMan1 — Thu, 25 Jun 2009 18:07:29 +0000

We have to remember that CNBC is just how Issa’s described them: “… you talk to Wall Street, you represent Wall Street, you care about Wall Street”… (quickly interrupted by Becky Quick with obvious arrogant contempt). [...]