“Crash of the Titans” Launches With Excerpt in WSJ.com’s Deal Journal
Today is it — the official launch of "Crash of the Titans." And what better way to kick it off than with an excerpt in The Wall Street Journal's "Deal Journal" blog? In a summary before the excerpt, the WSJ's Shira Ovide writes:
"A new book by Financial Times journalist Greg Farrell — “Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch, and the Near-Collapse of Bank of America” — hashes out the details of Merrill’s final weekend, the leadup to the brokerage’s trauma and the aftermath for Bank of America.
During the frantic weekend, teams from Merrill and Bank of America were camped out on separate floors of law firm Wachtell Lipton. Merrill executives, including President Greg Fleming and Pete Kelly, a top in-house lawyer, were weighing how to negotiate the sale of their firm."
Read the full excerpt here (no password required).