Merrill Lynch & Co

 
Bank of America gets big govt bailout
Bank of America gets big govt bailout
Bank of America Corporation was rescued by the United States government on Friday through a $20-billion bailout and a guarantee for about $100-billion of potential losses on toxic assets to cushion the blow from a deteriorating balance sheet at Merrill Lynch & Co, its recently acquired...
Carlyle Capital in default, on brink of collapse
Carlyle Capital in default, on brink of collapse
An affiliate of United States-based buyout firm Carlyle Group has defaulted on about $16,6-billion of debt and expects its lenders to seize...
Wall Street cringes as Citigroup revives fears
Wall Street cringes as Citigroup revives fears
Fear and mistrust gripped Wall Street on Monday after Citigroup's CEO quit in the wake of mounting credit losses and an influential money manager...

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