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while wall street burned, SEC staff watched porn
From webmaster:
Officials at the Securities and Exchange Commission (SEC), which polices the US financial industry, spent hours surfing the Internet for porn as the US economic crisis unfolded, a report by the SEC's internal watchdog said Friday.
Added: 2:29 PM, April 23rd, 2010
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Bank of America Buys out Merrill Lynch
From webmaster:
In a rushed bid to ride out the storm sweeping American finance, 94-year-old Merrill Lynch & Co. agreed late Sunday to sell itself to Bank of America Corp. for roughly $50 billion, including restricted stock and vested stock options.
Added: 10:04 PM, September 14th, 2008
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