Thursday, February 12, 2009

Merrill Lynch Gave $1 Million Each to 700 of Its Staff

WSJ Feb 12 2009

"Merrill Lynch & Co. 'secretly' moved up the date it awarded bonuses for 2008 and richly rewarded its executives despite billions of dollars in losses, giving bonuses of $1 million or more apiece to nearly 700 employees, New York Attorney General Andrew Cuomo said.

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