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Archive Home > 2009 > February > 12 > 700 at Merrill Lynch got bonuses

700 at Merrill Lynch got bonuses

Disclosure casts further scrutiny on bank already under microscope

By Michael J. de la Merced and Louise Story / The Bulletin
February 12, 2009

NEW YORK — For nearly 700 lucky Merrill Lynch employees, 2008 was a million-dollar year, even though the brokerage firm lost $27 billion.

On a day when the chief executives of eight large banks were questioned about their industry’s excesses on Capitol Hill, New York State....

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