In a four-part video series on Business Insider, Greg Farrell, author of "Crash of the Titans," talks with editor Courtney Comstock about key players in the Banbk of America/Merrill Lynch merger. These include: Osman Semerci, former head of fixed income at Merrill Lynch; former Merill Lynch president/COO Greg Fleming and former CEOs Stan O'Neal and [...]
In this first published excerpt from Greg Farrell's "Crash of the Titans," Business Insider reprints the story of how Bank of America CEO Brian Moynihan got the job of general counsel at the bank; in a word, it happened fast — after a meeting in which then general counsel Tim Mayopoulos was fired. So, where [...]
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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