Crash of the Titans

Greed, Hubris, the Fall of Merrill Lynch, and the Near-Collapse of Bank of America

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  • New York Magazine UnCovers the Wolfman of “Crash of the Titans”

    Jessica Pressler, of New York Magazine's Daily Intel, writes yesterday about "Crash of the Titans": "As is indicated by the subtitle, no one really comes off well in Crash of the Titans: Greed, Hubris, The Fall of Merrill Lynch and the Near-Collapse of Bank of America, the latest financial-crisis snuff book from FT reporter Greg [...]

  • Excerpts “Crash of the Titans” today excerpts a key time period in "Crash of the Titans" — the events in October 2007 that led to the dismissal of then Merrill Lynch CEO Stan O'Neal (at right). You can read the full excerpt here, or read the excerpt of the excerpt, below:  "On the morning of Friday, October 5, the [...]

  • “Crash of the Titans” Launches With Excerpt in’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 [...]

Author, Greg Farrell

GREG FARRELL is a correspondent for the Financial Times. In January 2009, he broke the news that Merrill Lynch had paid out its 2008 bonuses a month ahead of schedule, in December, even though Merrill was in the process of losing $28 billion for the year, and Bank of America needed an extra $20 billion in taxpayer funds to complete its acquisition of the firm. That story sparked an investigation by New York attorney general Andrew Cuomo. Greg is a past winner of the American Business Press’s Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism. He earned a BA from Harvard University and an MBA from the Graduate School of Business at Columbia University.

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