Crash of the Titans

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

Tag archive for ‘John Thain’

  • Business Insider’s Four-Part Interview with “Crash of the Titans” Author Farrell

    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 [...]

  • Forbes.com Recommends “Crash of the Titans” for a Weekend Read

    Steve Schaefer, who writes the "Exile on Wall Street" column for Forbes.com, recommended "Crash of the Titans" for weekend reading. He says "[Author Greg] Farrell tells a story based on hundreds of hours of interviews that builds like a hurricane. A storm that began with a mounting pile of of toxic debt that ultimately resulted [...]

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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