Conspiracies

Merrill Lynch Executives Received Over $3 Billion in Bonuses Before Bailout

1-22-09 • Jessescrossroadscafe.blogspot.com/

Now we learn that after it was evident that the US taxpayer was going to subsidize the Merrill acquisition, the Merrill compensation committee accelerated bonus payments by a month to make sure they were paid out before the BofA deal closed.