http://tpmmuckraker.talkingpointsmemo.com/2009/01/merrill_paid_billions_in_bonuses_as_new_owner_soug.php
Merrill Paid Billions In Bonuses, As New Owner Sought More Bailout
Dollars
By Zachary Roth - January 22, 2009, 4:40PM
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 that in early December,
Merrill, which months earlier had agreed to be bought -- rescued,
really -- by Bank of America, decided to pay out $3-4 billions in
bonuses.
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