The Merrill Mess Gets Messier
The Orlando Sentinel reports that as late as last week, Merrill Lynch was still sending employees down to the Ritz-Carlton in Orlando, supposedly to take part in "training events." We're going to go ahead and assume this news won't win Bank of America CEO Ken Lewis any points with Andrew Cuomo, who's already investigating the $4 billion in bonuses paid to Merrill employees just days before completing its sale to BofA. [Orlando Sentinel via Clusterstock]