Saturday, November 08, 2008
GRETCHEN MORGENSON, New York Times,
GRETCHEN MORGENSON, New York Times,
How the Thundering Herd Faltered and Fell
There were high-fives all around Merrill Lynch headquarters in Lower Manhattan as 2006 drew to a close. The firm’s performance was breathtaking; revenue and earnings had soared, and its shares were up 40 percent for the year.
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Posted by Editor on 11/08/08 at 12:34 PM •
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