Tag Archives: Merrill Lynch

Merrill Lynch Pigs About Mortgages

Merrill Lynch, as a revered investment bank, don’t know what the f*ck they are doing with mortgages, yet they go around advising clients and selling mortgage based securities. What chance do retail investors have when their trusted adviser is flying … Continue reading

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Filed under Banking, Business, Stocks

Will Wall Street Learn From Lehman Brothers Bankruptcy?

After the US government put out a forest fire with the takeover of Freddie Mac and Fannie Mae last week, Wall Street’s troubles were far from over. As they say, when you see a rat in the house, you can … Continue reading

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Pre Market - September 18th 2007
Read more on Lehman Brothers at Wikinvest

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Filed under Banking, Business, Economy, Inflation, Oil, Properties, Stock Indices, Stocks, bonds

Merrill Lynch Not Out of the Woods Yet

Merrill Lynch has taken drastic steps to rescue its ailing balance sheet (over $40-billion of write-downs) – most notably, a fire sale of $30 billion of risky debts to Lonestar. Continue reading

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Filed under Banking