Greg Farrell: Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch, and the Near-Collapse of Bank of America

From the book's promotional website: 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.

Friday, December 31st - NBR from Nightly Business Report - NBR Podcast | PBS

2010 ends and we have your Market Outlook for 2011. Auto dealers hope to ride the sales wave into the new year. Greg Farrell Author of Crash of the Titans discusses the Bank of America buyout of Merrill Lynch. And our last Market Monitor of the year is Sam Stovall, Chief Investment Strategist, Standard Poors. Download the podcast here.