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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.

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