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View Full Version : Merrill Lynch Says It Discovered ‘Irregularity’ in Trading Unit - Bloomberg



NewsWhore
03-06-2009, 07:00 AM
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Merrill Lynch Says It Discovered ‘Irregularity’ in Trading Unit (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaGbSx7rY_DYU%26refer%3Dhome&cid=1310310149&ei=DRGxSfuLLZapmQfQ5Ij7BQ&usg=AFQjCNGjFnfITjKPkKVK0svEQnhzMK2qSw)
Bloomberg
Merrill Lynch may have lost hundreds of millions of dollars on currency trading and credit derivatives last year, the New York Times reported earlier today. The losses did not “spill into plain view” until after Bank of America investors had approved ...


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