| Predicting a Firm's FInancial Distress: The Merrill Lynch Co. Statement of Cash Flows |
| 作者姓名：Danielle Morin; Julien Lemaux; Dominique Hamel; |
| 商品類型：Case (Library) | 商品編號：9B12B011 |
| 出版日期：2012/05/30 | 內容長度：14 頁 |
During the night of September 14, 2008, a few hours before Lehman Brothers folded, Merrill Lynch declared defeat: it was acquired by Bank of America (BofA). Unsure of its ability to continue as a stand-alone entity, Merrill Lynch deliberately ended 90 years of independence. Before its buyout by BofA, Merrill Lynch was the world's largest and most widely recognized stockbroker. It dominated retail stockbroking with its army of 16,000 brokers around .....more
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