Tag Archives: merrill lynch

  what's good for milo minderbinder is good for america

Former CEO of Merrill Lynch Has Some Very Pressing Questions About His Executive Pay

It’s 2008, and some of the Brightest Minds in the nation have gathered at our nation’s capital order to prevent global economic collapse. The bankers arrive, and they immediately begin asking what they can do to help the country’s homeowners, many of whom will soon find themselves facing foreclosure. Ha! Ha! Ha! No, stupid, they did not ask about the homeowners, their first question (literally) was something along the lines of “Whatever happens here, I’ll still be getting lots of money, right?” Read more on Former CEO of Merrill Lynch Has Some Very Pressing Questions About His Executive Pay…
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GOOD LORD, THESE PEOPLE COULD NOT BE ANY MORE ANNOYING: “May 10 (Bloomberg) — In early 2007, with subprime-mortgage defaults soaring, Wing F. Chau teamed with Merrill Lynch & Co. to create a $300 million pool of assets that shared a name with the main character in The Matrix movies who discovers reality isn’t what it seems.” [Bloomberg via Clusterstock] Read more on …
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Poor Wall Street I-Bankers With Jobs Whining About Terrible Crap

It’s not really a factor, but then again OK, it is a HUGE factor, to keep in mind the type of horrific douchecocks that this bailout would keep in business most immediately. Your associate editor recently graduated with an English degree from a college known mostly for its business school and watched many of his… “colleagues” blindly take “safe” & high-paying & evil jobs at Lehman, Merrill Lynch, etc., and has been SO AMAZINGLY HAPPY to watch so many of them lose these same jobs recently. It’s absolutely the best part of this crisis. Because check out what this still-employed Merrill Lynch-cum-Bank of America person has to say: “I was in denial. You see, Merrill has a much better repuation than a commercial bank like Bank of America. I was shocked I would be joining a lower-tier commercial bank. There’s a feeling, ‘I didn’t go through this whole interview process to work at a commercial bank.'” This is the standard. So how about we only bail out these companies if they agree to fire all of their remaining shitsack employees, hmm? [IvyGate] Read more on Poor Wall Street I-Bankers With Jobs Whining About Terrible Crap…