Rocky Balboa
FT Alphaville was all set to work through the early morning examining the release of allegedly damning documents relating to the actions of Bank of America Merrill Lynch or its...
Elasticity *alert* — or, at what point demand destruction?
Bank of America Merrill Lynch is out with a whopper of an oil note on Monday.Amongst other things, it makes a number of bold predictions, least of all this:Libya could well...
The Untold Story of Merrill Lynch’s Final Days
A new book details the final hours of Merrill Lynch. Deal Journal has an excerpt.
All aboard the QE2
Bank of America Merrill Lynch has joined the passengers on the good ship QE2 and expects to set sail some time early in New Year.From strategist David Bianco on Wednesday:Owing...
Analysts Upgrade BP to Buy?
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, BP p.l.c. ADS (BP)After calls from a U.S. congressman for BP (BP) executives to commit hara-kiri and following President Obama's successful pressure on the company to set up a $20 billion e...
Who’s not trading with BP?
Tuesday's six-notch rating downgrade of BP by Fitch to BBB, appears to have spooked some of the firm's oil trading counterparties, reports FT Alphaville. According to Reuters,...
The (alleged) minus $50bn man
Alberto Cribiore is said to have blocked Merrill Lynch's sale for $100bn a year before the investment bank was sold to Bank of American for $50bn. Trouble is, he doesn't remember it like that.
‘Half-baked justice at best’
So why accept it, you might ask?Unlike the cheery countenance portrayed in his stock pic, Judge Jed Rakoff has been all scowls since the day he picked up the case of SEC v Bank...
A Bernanke brief
Here’s a little table:And here’s the summary from a thoughtful discussion of the Fed’s exit strategy from Michael Cloherty at Bank of America ML. It’s from last week,...
BofA seeks 2,000 more brokers
Bank of America aims to return Merrill Lynch’s “thundering herd” of retail brokers to full strength by adding as many as 2,000 people to its global wealth management division...
Testimony the FCIC should really be hearing…
Harley Bassman, a veteran strategist on the US rates trading desk at BoA Merrill Lynch, is hanging up his boots after more than 25 years on Wall Street. Or at least his widely...
SEC offers Judge Rakoff a Bronx cheer…
This is the second amended SEC complain in the ongoing rumpus over whether Bank of America adequately informed investors over the size of losses at soon-to-be-acquired Merrill Lynch,...
