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Fortune: The millionaire boys' bankupdated: Thu Jun 03 2010 11:20:00

Alexander Hamilton founded the Bank of New York in 1784, J.P. Morgan gave his bank its eponymous name in 1895, and 31 businessmen of note established Fieldpoint Private Bank & Trust in 2008.

Fortune: Funky math helped BofA close Merrill dealupdated: Tue Nov 24 2009 08:43:00

Lost in all the bickering between Democrats and Republicans when Bank of America officials testified before Congress last week was a seemingly crucial piece of evidence that seems to show the bank's executives relied on faulty data leading up to the December 5, 2008 shareholder vote on the $50 billion acquisition of Merrill Lynch.

Fortune: Buffett praises BofA's Ken Lewis -- not!updated: Wed Sep 16 2009 13:04:00

Warren Buffett came to bury Ken Lewis, not to praise him.

Fortune: Did Ken Lewis mislead shareholders?updated: Thu Jun 25 2009 12:52:00

One of the enduring mysteries about Ken Lewis' decision to proceed with Bank of America's $50 billion acquisition of Merrill Lynch last fall is why Lewis did not disclose Merrill's growing weekly multi-billion dollar losses to his shareholders before they voted on the deal on December 5. Was he pressured to close the deal by Federal Reserve Chairman Ben Bernanke and then Treasury Secretary Hank Paulson? Or was Lewis determined to add the investment bank to BofA's financial empire come heck or high water?

Judge orders release of Merrill bonus recipient namesupdated: Thu Mar 19 2009 01:53:00

New York State Supreme Court Justice Bernard Fried ordered Bank of America on Wednesday to disclose information about nearly $3.6 billion in bonuses Merrill Lynch paid employees just before it was acquired by the bank.

Fortune: Diamonds are a banker's worst friendupdated: Wed Mar 18 2009 12:18:00

On the morning of Sept. 27, 2007, two Merrill Lynch bankers arrived at the Rockefeller Center office of Ralph Esmerian, a jewelry dealer and art collector, and boxed up tens of millions of dollars of rare jewelry. Armed guards loaded the jewels - including a 14-carat pink diamond ring worth roughly $15 million - into a Brink's truck idling outside. Within hours the gems, some of which had been in Esmerian's family for generations, had been carted away - seized as collateral for a loan gone bad.

Cuomo: BoA may have influenced Merrill bonusesupdated: Fri Mar 13 2009 00:53:00

Merrill Lynch may have misled Congress in November about its employee bonuses, New York Attorney General Andrew Cuomo said in a filing on Wednesday.

Ex-Merrill Lynch executives subpoenaed over bonusesupdated: Thu Mar 05 2009 00:30:00

Seven former Merrill Lynch executives have been subpoenaed by New York Attorney General Andrew Cuomo over $3.6 billion in bonuses paid out just before the company was acquired by federally bailed-out Bank of America last year, a source close to the investigation told CNN.

CNNMoney: Cuomo wants Merrill bonus infoupdated: Fri Feb 27 2009 12:02:00

Bank of America's chief executive officer spent four hours Thursday testifying in an investigation into the $3.6 billion in bonuses that Merrill Lynch paid out just before it was acquired by the bank last year, but still refused to give out the details of those payments.

Bank of America subpoenaed during CEO's testimonyupdated: Fri Feb 27 2009 01:53:00

Bank of America's chief executive officer spent four hours Thursday testifying in an investigation into the $3.6 billion in bonuses that Merrill Lynch paid out just before it was acquired by the bank last year, but still refused to give out the details of those payments.

Bank of America's CEO is subpoenaedupdated: Fri Feb 20 2009 01:24:00

Bank of America CEO and Chairman Kenneth Lewis has been issued a subpoena by the New York State Attorney General's Office, which is investigating whether the bank violated state law by withholding information from investors, a source familiar with the investigation told CNN.

Fortune: Divorce - Bank of America styleupdated: Fri Jan 30 2009 07:23:00

On Sept. 15 last year, Bank of America CEO Ken Lewis triumphantly unveiled his $50 billion deal to buy Merrill Lynch, an American icon. Lewis, 61, had coveted Merrill for years, and he planned nothing less than a cultural revolution. The steady, watch-the- nickels branch banker from Charlotte would impose commonsense discipline on the wounded bull, banishing the profligate practices he'd long reviled, especially inflated pay and the high-risk trading that had landed Merrill in so much trouble.

CNNMoney: BofA: $20B bailout, huge Merrill lossupdated: Fri Jan 16 2009 14:32:00

Bank of America has received another $20 billion from the federal government's bailout fund, along with guarantees on $118 billion of assets at the bank, to absorb its recent purchase of the ailing Merrill Lynch.

Fortune: Thain gets busyupdated: Mon Dec 15 2008 07:00:00

While most of Wall Street was hunkered down at the New York Federal Reserve to review Lehman's books, Greg Fleming, the president of Merrill Lynch and a former financial institutions banker, had been urging his boss, John Thain, Merrill's CEO, to call Ken Lewis to talk about a deal between the two firms. Fleming had grown concerned during the week as Merrill's stock fell to $17.05 per share, from $28.50 per share. Fleming also knew that Lewis had long coveted Merrill Lynch and that Fleming's previous boss, Stan O'Neal, had no interest in such a deal.

CNNMoney: Bank of America may shed 35,000 jobsupdated: Thu Dec 11 2008 18:38:00

Bank of America said Thursday it plans to slash up to 35,000 jobs over the next three years as it absorbs Merrill Lynch and contends with the deepening recession.

CNNMoney: Merrill CEO drops $10M bonus bidupdated: Tue Dec 09 2008 19:34:00

Merrill Lynch's chief executive John Thain has reportedly dropped his request for a $10 million annual bonus after being blasted by New York Attorney General Andrew Cuomo.

CNNMoney: BofA shareholders approve Merrill purchaseupdated: Fri Dec 05 2008 12:52:00

Bank of America shareholders approved the company's bold acquisition of Merrill Lynch on Friday, paving the way for one of the biggest mergers ever in banking.

CNNMoney: Big loss for Merrillupdated: Thu Oct 16 2008 12:58:00

Another quarter, another massive loss for Merrill Lynch.

Timeline: Banking crisisupdated: Thu Oct 16 2008 07:33:00

The credit crisis has transformed the global financial landscape, bankrupting established names and prompting unprecedented interventions by governments and central banks to save others from collapse as they buckle under the weight of "toxic debts." This timeline charts the key moments in that process.

Money Magazine: Hop off the 'beat the market' bandwagonupdated: Wed Oct 08 2008 06:20:00

Question: I have had several money managers over the years from Merrill Lynch, to UBS to currently Wachovia. I am paying a fee of about 1% on average but am sure there are other fees that I don't know about. I'm not sure this is working. What should I do?

Fortune: 'The Golden Age for financial services is over'updated: Mon Sep 29 2008 08:30:00

To reach the new power center of Wall Street, hop a cab to La Guardia, board a flight for Charlotte, stride into a beige granite tower, go past the allegorical murals of the common man at work, then take the elevator to the 58th floor. You're at the headquarters of Bank of America, and you're about to enter the glass-framed suite of CEO Ken Lewis.

CNNMoney: Bank of America to buy Merrillupdated: Sun Sep 21 2008 15:44:00

Bank of America agreed to buy Merrill Lynch early Monday in an all-stock deal valued at as much as $50 billion, the clearest sign yet of the upheaval reshaping the nation's banking and securities industries.

Fortune: Ken Lewis strikes againupdated: Sun Sep 21 2008 15:34:00

When others get fearful, Bank of America chief Ken Lewis finds opportunity.

CNNMoney: Stocks get pummeledupdated: Sun Sep 21 2008 15:17:00

Stocks tanked Monday, amid the largest financial crisis in years after Lehman Brothers filed for the biggest bankruptcy in history, Bank of America said it would buy Merrill Lynch and AIG slumped on fears that it can't raise cash.

Changes rock Wall Streetupdated: Mon Sep 15 2008 13:00:00

The venerable Lehman Brothers investment bank said early Monday that it will file for bankruptcy, while Bank of America unveiled plans to buy Merrill Lynch -- two pieces of news that profoundly alter the American financial landscape. Financial Meltdowns: How Big a Blow?updated: Mon Sep 15 2008 12:00:00

Economists are gauging whether the current meltdown will have long-term ramifications beyond Wall Street Bank of America Looks to Buy Merrill Lynch updated: Sun Sep 14 2008 19:00:00

The Wall Street Journal is reporting that Bank of America Corp. and Merrill Lynch & Co. are in talks about a possible combination of the two financial companies

CNNMoney: Stocks may see merit in Merrillupdated: Tue Jul 29 2008 08:22:00

U.S. stocks looked set for a higher start Tuesday as Merrill Lynch's move to shore up its financial condition appeared to boost the banking sector. Merrill Lynch Posts $4.9B Lossupdated: Thu Jul 17 2008 19:00:00

Merrill Lynch & Co. on Thursday reported a $4.9 billion loss amid massive write-downs from soured mortgage positions and other risky investments

Fortune: Merrill Lynch's carbon betupdated: Fri Apr 18 2008 10:40:00

The business of "carbon farming" is growing fast -- and Merrill Lynch is the latest big company to bet that it will become profitable.

CNNMoney: More pain for Merrill Lynchupdated: Thu Apr 17 2008 13:08:00

Ouch! The pain isn't over for Merrill Lynch & Co.

CNNMoney: Banks set to stumble againupdated: Fri Apr 11 2008 15:34:00

When Citigroup and Merrill Lynch each fessed up to nearly $10 billion in losses last quarter, investors believed the companies had finally scrubbed their books clean.

CNNMoney: 3 CEOs made $460 million - House panelupdated: Thu Mar 06 2008 16:30:00

Three chief executives with ties to the mortgage crisis were paid $460 million over five years, according to a congressional report issued Thursday.

CNNMoney: Justice seeks info on Merrill scandalupdated: Fri Feb 08 2008 09:58:00

In a possible antecedent to a criminal investigation, the Justice Department has asked the Securities and Exchange Commission for information about its investigation of Merrill Lynch & Co., according to a Friday Wall Street Journal report.

CNNMoney: Housing prices to free fall in 2008 - Merrillupdated: Wed Jan 23 2008 17:24:00

The worst housing financial crisis in decades is only going to get worse, a Merrill Lynch report said Wednesday.

CNNMoney: Stocks slump anewupdated: Thu Jan 17 2008 10:55:00

Stocks tumbled Thursday morning as investors mulled Fed chairman Ben Bernanke's support of a government stimulus plan, Merrill Lynch's big quarterly loss and more troubles for the housing and manufacturing sector.

CNNMoney: Intel batters stocksupdated: Wed Jan 16 2008 17:59:00

Stocks tumbled Wednesday, with investors giving up a late-session attempt at a rally, as disappointment about Intel's earnings and outlook and more worries about the economy caused another sell off on Wall Street.

CNNMoney: Sinking feeling for stocksupdated: Fri Jan 11 2008 08:17:00

Stocks looked set to slide Friday after the prospect of a big writedown from Merrill Lynch, combined with a profit warning from American Express, spooked investors.

CNNMoney: Markets end higher ahead of holidayupdated: Mon Dec 24 2007 13:27:00

Stocks closed higher Monday afternoon, at the end of a half-day, as investors cheered news from Merrill Lynch and worried that last-minute holiday shoppers may not have pulled through for retailers.

CNNMoney: Financials make Wall Street spirits brightupdated: Mon Dec 24 2007 12:39:00

Stocks held gains Monday afternoon as news from Merrill Lynch helped boost the financial sector and an upbeat retail sales report suggested consumer confidence is stronger than expected.

Subprime roundtableupdated: Mon Dec 24 2007 12:20:00

CNN's Charles Hodson gets some perspective on the 2007 subprime crisis from David Buik and Robert Parker.

CNNMoney: Merrill shakes up sleepy sessionupdated: Mon Dec 24 2007 11:05:00

Stocks made headway Monday morning as news from Merrill Lynch helped boost the financial sector and an upbeat retail sales report suggested consumer confidence is stronger than expected.

CNNMoney: Stocks open higherupdated: Mon Dec 24 2007 10:00:00

Stocks opened higher Monday, a half-day on Wall Street, as investors cheered an upbeat retail sales report and mulled mixed news from Merrill Lynch.

Investing insight for 2008updated: Fri Dec 21 2007 17:54:00

CNN's Charles Hodson asks Max King of Investec Asset Management what lessons from 2007 can be used for 2008.

CNNMoney: Big rally on Wall Streetupdated: Tue Nov 13 2007 18:22:00

Stocks surged Tuesday, with the Dow climbing nearly 320 points, after comments from executives at Goldman Sachs and other major banks reassured investors worried about the ongoing fallout from the credit market crisis.

Fortune: The risky business of leadershipupdated: Sun Nov 04 2007 13:31:00

The precipitous, crisis-ridden exit of Stan O'Neal from the pinnacle of trouble at Merrill Lynch and the near-certain departure today of Citigroup CEO Chuck Prince hammer one point home: In today's financial institutions, which are invincibly complex, it is the responsibility of the CEO to be the chief risk manager and to do the work well. This is a job that cannot be delegated.

CNNMoney: Investors wary ahead of Fedupdated: Tue Oct 30 2007 12:20:00

Stocks dipped Tuesday afternoon, as a weak consumer confidence report and news that Merrill Lynch's CEO has resigned gave investors a reason to retreat ahead of an expected rate cut from the Federal Reserve Wednesday.

CNNMoney: Stocks slide ahead of Fedupdated: Tue Oct 30 2007 10:17:00

Stocks slipped Tuesday morning as investors stepped back ahead of an expected quarter-percentage point interest rate cut from the Federal Reserve Wednesday.

CNNMoney: More pain than profits ahead for banksupdated: Fri Oct 26 2007 10:51:00

Merrill Lynch stunned Wall Street this week when the company said it would take a loss totaling $8 billion, punctuating a particularly dismal earnings season for the banking sector.

Merrill Lynch takes $7.9B loan hitupdated: Wed Oct 24 2007 12:26:00

Merrill Lynch & Co. Inc. took a $7.9 billion writedown in the third quarter due to bad mortgage bets, well exceeding its initial estimates and raising questions about the bank's future leadership.

CNNMoney: Retreat at Wall St. openupdated: Wed Oct 24 2007 09:32:00

U.S. stocks retreated at Wednesday's open after Merrill Lynch took a larger-than-expected writedown, leading to more concern about the housing sector.

CNNMoney: Analyst cuts Merrill Lynch on possible $4B writedownupdated: Wed Sep 26 2007 07:09:00

A Goldman Sachs analyst slashed his earnings estimates and price target on Merrill Lynch & Co. on Wednesday, predicting a rough third quarter for the investment bank, including a $4 billion writedown in assets.

CNNMoney: Merrill says debt investments will hurt resultsupdated: Thu Sep 13 2007 22:37:00

Merrill Lynch & Co. said Friday it has recorded adjustments to the value of certain investments in the third quarter, acknowledging they have continued to lose value as the debt markets remain in seizure.

Fortune: Does bling beat the market?updated: Wed Sep 05 2007 03:42:00

Remember when it was all the rage to screen socially and environmentally irresponsible stocks, like sweatshop employers or polluters, from your portfolio? Now a new class of niche investment products has emerged to weed out what some see as even worse: the hoi polloi.

CNNMoney: Merrill deprived of victory in Allegheny caseupdated: Fri Aug 31 2007 01:59:00

A federal appeals court on Friday struck down a judge's ruling in favor of Merrill Lynch in a dispute with Allegheny Energy over Allegheny's 2001 purchase of the investment bank's energy trading group.

CNNMoney: Merrill could face its own subprime stingupdated: Fri Aug 24 2007 02:36:00

Profits at Merrill Lynch & Co. Inc. could take a big hit if the U.S. brokerage heavyweight cuts the value on nearly $1 billion in subprime lender assets it bought just eight months ago.

CNNMoney: Global market outlookupdated: Fri Aug 24 2007 02:36:00

Global market outlook

CNNMoney: Aegon to buy Merrill Lynch units for $1.3Bupdated: Mon Aug 13 2007 06:20:00

Life insurer Aegon said late Monday it will buy Merrill Lynch Life Insurance Co. and ML Life Insurance Co. of New York for $1.3 billion in cash.

CNNMoney: Merrill Lynch wows Wall Streetupdated: Tue Jul 17 2007 08:06:00

Merrill Lynch & Co. Inc. said Tuesday second-quarter net earnings rose on the strength of its investment banking business.

CNNMoney: Super-rich club: Getting richer ... and biggerupdated: Tue Jun 26 2007 22:47:00

Wealth is becoming ever more concentrated among the richest of the rich worldwide.

Fortune: Merrill Lynch Ranks No. 22 on the 2007 Fortune 500updated: Fri Jun 08 2007 12:11:00

Merrill Lynch (MER) ranks no. 22 on FORTUNE's list of America's largest corporations.

CNNMoney: Merrill strategy threatened by bad loan marketupdated: Wed Feb 21 2007 11:40:00

Analysts may be hailing Merrill Lynch's appetite for acquisition, but new fears are rising on Wall Street that Merrill's foray into the subprime mortgage lending market could put the kibosh on its plans to continue to target more companies aggressively.

CNNMoney: Merrill Lynch names Harold Ford vice chairmanupdated: Wed Feb 14 2007 08:50:00

Merrill Lynch & Co. Inc. annouced Wednesday former congressman Harold E. Ford will join the firm as vice chairman and senior policy advisor, effective March 5.

Fortune: Stock scorecardupdated: Fri Jan 19 2007 15:53:00

Most Widely held 1

Fortune: How green is Wall Street?updated: Wed Jan 03 2007 09:16:00

Merrill Lynch talks a good game when it comes to saving the earth.

Money Magazine: Stocksupdated: Mon Jan 01 2007 00:01:00

All indexes posted gains in November, with energy producers benefiting from a two-month peak in the price of oil. Widely held ExxonMobil led the way with an 8% gain, and the S&P's energy sector soa...

Money Magazine: Stocksupdated: Fri Dec 01 2006 00:01:00

The major indexes all advanced in October, and high oil profits and rising oil prices pushed the S&P 500 energy sector from worst performer to best. Among the month's biggest winners was ExxonMobil...

Money Magazine: Stocks: Today's big bargainsupdated: Mon Nov 27 2006 17:58:00

Despite the choppy market over the past week, the Dow Jones industrial average has still rebounded more than 14 percent from this year's lows. Nonetheless, lots of blue-chip growth stocks remain unusually cheap.

CNNMoney: Merrill Lynch earnings jump 43 percentupdated: Tue Oct 17 2006 07:37:00

Merrill Lynch's third-quarter earnings more than doubled from last year as the investment bank benefited from the closing of its merger between Merrill Lynch Investment Managers and BlackRock.

Fortune: Merrill Lynch ranks No. 110 on FORTUNE's 2006 Global 500updated: Wed Sep 20 2006 21:52:00

Merrill Lynch ranks no. 110 on FORTUNE's Global 500 this year, with $47.8 billion in revenues, up 47.2% from the previous year. The New York, New York-based company was ranked no. 151 on the 2005 list. Its 2005 profits were $5.1 billion, up 15.3% from a year earlier. 2005 was a banner year for most Global 500 companies.

Money Magazine: Stocksupdated: Tue Aug 01 2006 00:01:00

Concern about rising interest rates continued to push all stock benchmarks down for the second straight month. The Russell 2000 index of small-company stocks was hit the hardest, and the 5.1% drop ...

CNNMoney: Hedge funds fall flat in Juneupdated: Mon Jul 03 2006 10:12:00

Hedge funds appeared headed for another negative month, an industry tracker found, though the losses do not appear as significant as they were in May, when a meltdown in global markets and falling prices for metals dealt a tough hand to many funds.

Money Magazine: Stocksupdated: Sat Jul 01 2006 00:01:00

Despite a mid-month rally, all stock benchmarks suffered losses in May. Stocks in the information technology sector, down 6.9% on average, took the biggest beating and helped drag down the Nasdaq b...

CNNMoney: Ranks of wealthy grow, but more slowlyupdated: Tue Jun 20 2006 11:09:00

NEW YORK ( - It's not your imagination. The rich are getting richer, but they're welcoming fewer new members into their club than they have in the past few years, according to a survey released Tuesday.

Money Magazine: Stocksupdated: Mon May 01 2006 00:01:00

Following a jump in both oil prices and home sales, the stock market got skittish in late March as the Fed hiked rates for the 15th consecutive time. But overall, returns were still strong. Only th...

Money Magazine: Stocksupdated: Fri Jan 20 2006 10:44:00

The November rally in all major stock indexes slowed in December, as the Fed increased rates for the 13th straight time and investors engaged in year-end selling. The energy sector--up 35% in 2005--managed to notch an 8% gain even as gasoline prices dropped. Shares of automaker General Motors plunged 20% for the month and 49% for the year (as of late December), in part because of a slump in car sales. The yield is 9%--and rising. But don't bet on that payout.

CNNMoney: Working your way through retirementupdated: Tue Sep 13 2005 11:02:00

Dear Armchair Millionaire: I'm 52 and haven't saved much for retirement, but I figure that once I hit 65, I can work part time to make ends meet and still have time and money to do the things I want to do. Do you see any problems with my plan?

Business 2.0: A Classic Investment Gets a Modern Makeoverupdated: Thu Sep 01 2005 00:01:00

As financial instruments that steadily throw off cash, corporate bonds are a no-brainer. But until a few years ago, they were a tricky proposition for the average investor. Bond mutual funds charge...

CNNMoney: Hedge fund sales investigatedupdated: Wed Aug 17 2005 11:29:00

The NASD is looking into the way Wall Street's top firms are marketing white-hot hedge funds to individuals, according to a Bloomberg report.

Money Magazine: Why This Market Will Get Unstuckupdated: Fri Jul 01 2005 00:01:00

Like a muscle car mired in the mud, the stock market is spinning its wheels, and you're probably tired of how it's spinning yours. Even after a pickup in May, the major stock averages are down as m...

CNNMoney: Number of millionaires jumpsupdated: Thu Jun 09 2005 09:37:00

NEW YORK (CNN/Money) - The number of millionaires in the United States grew nearly 10 percent in 2004, trumping the growth rates of high net worth individuals in other regions across the world, according to a report released Thursday.

FSB: New Mortgage Mathupdated: Fri Oct 01 2004 00:01:00

You've probably heard the old advice about paying off your home faster by adding a little extra to each month's mortgage payment. For some small-business owners, a contrary strategy could make sens...

Money Magazine: The Gilliganaire Next Doorupdated: Sun Aug 01 2004 00:01:00

Seems Mr. and Mrs. Thurston Howell III have some new neighbors: A survey by Merrill Lynch and consultancy Capgemini finds that the number of millionaires in the U.S. jumped a staggering 14% last ye...

CNNMoney: Tiny bubbles?updated: Thu Jul 29 2004 11:37:00

There's been a lot of fuss this week about whether Google should really be worth $36 billion when it goes public.

CNNMoney: Boomers better off than expectedupdated: Tue Jul 20 2004 14:26:00

Finally! After years of enduring an unending litany of downbeat reports on baby boomers' prospects for retirement and suffering countless lectures from finger-wagging pundits talking 'bout my generation's total cluelessness about saving for our golden years, I've come across what appears to be actual positive news.

CNNMoney: Stocks drift at openupdated: Tue Jul 13 2004 09:17:00

U.S. stock markets were barely higher early Tuesday as strength in IBM and other tech issues tempered the impact of a weaker-than-expected earnings report from Merrill Lynch.

CNNMoney: Stocks end session mixedupdated: Mon Jul 12 2004 09:44:00

U.S. stocks closed mixed Monday, with blue chips managing a late session rise as oil fell below $40 a barrel, while technology shares declined, thanks to a bearish Merrill Lynch note on the semiconductor sector.

CNNMoney: Return of the millionairesupdated: Tue Jun 15 2004 06:20:00

They're back!

CNNMoney: How much room for the bull?updated: Fri Jan 23 2004 16:14:00

If you haven't moved some of that mounting pile of cash into the stock market, odds are that after a 25 percent or so gain for Standard & Poor's 500-stock index in 2003, you're thinking hard about taking the plunge.

Fortune: What Big Profits You Have! But watch out--mighty 2Q earnings aren't what they seem.updated: Mon Sep 15 2003 00:01:00

Corporate profits are suddenly, amazingly, pumped up. After the worst collapse in at least 50 years, reported earnings for companies in the S&P 500 have risen 41% from a December 2001 low. And the ...

Fortune: E-Stocks Rise Again After a stomach-turning descent, Internet stocks have come racing back--this time with profits. We've found updated: Mon Sep 01 2003 00:01:00

Frank Sinatra sang that love is better the second time around, and Wall Street must believe it. The same sector that just a few years ago broke investors' hearts and helped devastate their portfoli...

Fortune: New Moneyupdated: Mon Jul 07 2003 00:01:00

The rich are getting richer--but not in the U.S. According to a new report by Cap Gemini Ernst & Young and Merrill Lynch, the number of millionaires* increased during 2002 in every region of the wo...

Money Magazine: The Rise & Fall Of Analysts Wall Street has always made bad calls--and the occasional good one too. Here updated: Mon Jul 01 2002 00:01:00

--1907 A chart published after the Great Panic argues that the stock market peaks every 40 months or so. The unknown analyst misses the next peak by only three months. His prediction of a 1912 cras...

Fortune: Hall Of Shameupdated: Mon Apr 29 2002 00:01:00

With seemingly random number grades and cloak-and-dagger banking alliances, Merrill Lynch's stock rating system is suddenly looking shadier than French skating scores. The firm's antics came to the...

Fortune: Winners And Losers Of 2001 It was another tough year for investors. At least the turmoil in the markets flushed away some reallyupdated: Mon Dec 24 2001 00:01:00

For an instant take on how 2001 treated investors, all you had to do was flick on your TV. Gone were the frenetic performance-touting spots of years past. In their place: dour Schwab ads in which f...

Money Magazine: Strong Enough To Carry The Load?updated: Wed Nov 01 2000 00:01:00

Yet another fund company has decided it needs the help of salesmen after all. Strong Funds plans to convert several of its portfolios into load funds on Nov. 30. Soon you'll have to pay a commissio...

Money Magazine: All In The Timingupdated: Sun Oct 01 2000 00:01:00

Merrill Lynch used to be known for its value funds, which became a pretty tough sell during the aggressive growth craze of the late 1990s. So last year the firm persuaded PBHG star Jim McCall to de...

Money Magazine: Most Modern Mascotupdated: Fri Sep 01 2000 00:01:00

Merrill Lynch has a bull; T. Rowe Price, a ram; and Dreyfus, a lion. But recently, a more modest-size creature has become the financial mascot of choice: the bulldog. KPMG, Franklin Templeton and B...

Money Magazine: The Best Online Brokers of 2000 Which online brokers are the best for different types of investors? We opened updated: Thu Jun 01 2000 00:01:00

It's hard to believe that online brokers have Steve Langdo's feathers in a ruffle. After all, he doesn't need a lot of hand-holding, and he doesn't want lots of fancy tools to manage his $350,000 p...

Money Magazine: Convertibles Calm Your Ride These hybrid securities give you stock-like gains with less risk.updated: Mon Mar 01 1999 00:01:00

Finding the stock market's ride too wild? Then consider parking some of your portfolio in convertible securities. A cross between a stock and a bond, a convertible pays interest but can be swapped ...

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