Merrill Lynch and Co News

In 2004, the promoters of the proposed West Warwick casino offered the state a $100-million up-front payment for an exclusive license to operate Rhode Island's first 24-hour casino, with blackjack, roulette and other draws that were unavailable at that time.

NEW YORK: It's one Forbes list where none would want to figure, but Ramalinga Raju, the founder-chairman Satyam Computers , has managed the feat of being among the world's 10 most outrageous CEOs.

Charles Gifford , a Bank of America Corp. director with a penchant for deliberative decision-making, has emerged as a major player in the company's CEO-selection saga.

Penn National Gaming, Inc. announced today that its Chief Financial Officer, William J. Clifford, will participate in an audio webcast in conjunction with the Companya s presentation at the Bank of America Merrill Lynch 2009 Credit Conference to be held at The Crowne Plaza Hotel Times Square in New York on Wednesday, December 2, 2009 at 2:40 p.m.

The dollar ticked higher Tuesday as a survey signaled the continued anxiety of U.S. consumers and the government dialed down its reading of third-quarter economic growth.

The International Swaps and Derivatives Association has hired Conrad Voldstad as CEO, The Wall Street Journal reports.

The New York State Supreme Court has junked various motions seeking to dismiss a petition of human rights abuse victims under the Marcos dictatorship to recover the US$35-million Arelma account deposited in Merrill Lynch.

SigTARP Barofsky said the Fed could have used its clout to convince AIG's counterparties not to take full-dollar on their assets insured by AIG.

Below is an auto news article from November 20, 2009 from Automotive.com and PRNewswire.

Breaking up the biggest U.S. banks is not a practical solution to addressing the "too big to fail" problem, former Merrill Lynch Chief Executive John Thain said on Tuesday.

Asian stocks fell, dragging the MSCI Asia Pacific Index to its longest losing streak in more than four months, after Merrill Lynch & Co.

EnCana to present at The Bank of America/Merrill Lynch Energy Conference on Wednesday, November 18, 2009 Brian Ferguson, EnCana Corporation's Executive Vice-President and Chief Financial Officer, will be presenting at the Bank of America/Merrill Lynch Energy Conference on Wednesday, November 18, 2009 at approximately 11:25 a.m. ET in New York.

Executives at the Reuters Global Finance Summit rallied to the defense of the industry's resurgent bonus practices, arguing that there was no clear link between generous compensation and last year's market meltdown.

A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied and Republicans charged that a committee inquiry was covering up the role of an Obama administration official.

Tenneco Inc. today announced that the public offering of 12,000,000 shares of its common stock has priced at $16.50 per share.

Ten months ago, President Obama said a time would come for Wall Street to make profits and pay bonuses, but "now's not that time." But it appears that was exactly when Wall Street began to return to profitability.

NOVEMBER 17: Charles "Chad" Gifford , member of the Bank of America Board of Directors, and Thomas May , member of the Bank of America Board of Directors, are sworn in during a joint hearing before the House Oversight and Government Reform Committee and its Domestic Policy Subcommittee November 17, 2009 on Capitol Hill in Washington, DC.

The search is on to replace Bank of America CEO Kenneth Lewis A It is the most prestigious job that nobody wants.

Has a bull market help lift Facebook's value in the eyes of investors? Not really, says a report by NeXt Up Research, a firm founded by Michael Moe , a former director of global growth research at Merrill Lynch.

The Federal Reserve Bank of New York used a weak negotiating strategy that failed to wring concessions from AIG trading partners last year, allowing them to reap nearly $30 billion in payments from U.S. taxpayers, a government audit report said on Monday.