Friday, January 23, 2009

Merrill delivered $4 Billion in bonuses before BofA deal

Merrill Lynch took the unusual step of accelerating bonus payments by a month last year, doling out billions of dollars to employees just three days before the closing of its sale to Bank of America. A person familiar with the matter estimated that about $3bn to $4bn was paid out in bonuses in December.

read more | digg story

No comments:

1-20-2025

                          The day the Oligarchs took over the US and the day the second civil war starts The tech billionaire war on "w...