In theory, Merrill Lynch was brought down by one home

re: In theory, Merrill Lynch was brought down by one home

Lisa — Wed, 25 Mar 2009 00:26:01 GMT

I'm a teacher and have been contributing $ to a 403b and a 457 with AIG Valic.

How safe is my money - I will not need to access for some time, but I want to make sure I won't lose it all? Should I be concerned ?

re: In theory, Merrill Lynch was brought down by one home

lindsay — Sun, 12 Oct 2008 23:26:17 GMT

The Merrill people will make out like bandits-just heard that financial planners with Merrill will be looking at a 300-400k bonus in November to stay on with Merrill/Bof A to keep the investors. Really... a bonus that big when everyone else is losing their shirts. I bet the investors that employ the financial planners would love to know that their planner is taking a huge bonus while their portfolios are in the tank!!! Apparently the robbery on Wall Street continues

re: In theory, Merrill Lynch was brought down by one home

Tim in ABQ — Tue, 16 Sep 2008 06:34:12 GMT

Lenders bear a great deal of blame for the whole mess but there were also plenty of borrowers who should never have signed on the dotted line as they knew they could not afford the home they were buying but wanted to keep up with the Joneses! And if they didn't know what they were signing they shouldn't be buying a home in the first place.

re: In theory, Merrill Lynch was brought down by one home

Tim in ABQ — Tue, 16 Sep 2008 06:26:22 GMT

This is all about greed and loaning money to people that couldn't possibly pay back the loan. Not everyone in this country has to own a home nor should they. Easy credit has put this nation in the condition it is. Raise interest rates and start rewarding people who save for the future.

re: In theory, Merrill Lynch was brought down by one home

workedhardnowiwantokeepit — Tue, 16 Sep 2008 03:18:36 GMT

way to go Brklyn Ron !!! nice to see the story told the way i seen it unfold.

re: In theory, Merrill Lynch was brought down by one home

Joann K — Mon, 15 Sep 2008 20:25:05 GMT

I worked for Merrill Lynch and after 9/11 they did nothing to help their employees that were victims. I lost everything. I had seen a lot of shady business going on around there over the years and I lost all resect for them.

re: In theory, Merrill Lynch was brought down by one home

Benjamin — Mon, 15 Sep 2008 20:06:05 GMT

"(I am use to reading correct English in a typical piece on the internet or in a paper.)"

Really. Seriously?

re: In theory, Merrill Lynch was brought down by one home

None — Mon, 15 Sep 2008 19:59:43 GMT

This is one of the most irresponsible articles I have read in a long time. To say that homeowneers caused Merril'sl problems and not the greed and poor risk management of managers is mind boggling.

re: In theory, Merrill Lynch was brought down by one home

as — Mon, 15 Sep 2008 19:50:49 GMT

to all of you complaining about "grammer" (haha)....it's actually grammar you i....

re: In theory, Merrill Lynch was brought down by one home

Gary Hern — Mon, 15 Sep 2008 19:31:29 GMT

Right now Bank of America is where Security Pacific in the early 90's is so large they need any and all deposits from mortgages to stocks just hoping for depositors

so the federal rating regulators will give them the ok to stay afloat. Imagine our

largest bank just one step away from joinning Fannie Mae without the Feds bailing

them out! B of A didn't buy Lehman becasue their balance sheet doesn't balance

and Merryl had enough good to hide B of A's bad. The federal regulators love this

kind of stuff, it keeps them employeed. Wher is my first feedback on B of A.?