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Stock Investing > The Peridot Capitalist

Ridiculous Item Of The Day

Chad Brand | Wed, 09/17/2008 - 7:21pm |  Add a comment

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Have these people been alive and breathing in recent days? Hilarious...


From the San Jose Business Journal:

Merrill Lynch & Co. Inc. shareholders have filed suit against the brokerage firm's chief executive, John Thain, and its board over Bank of America Corp.'s proposed $50 billion buyout of the company.


The lawsuit, filed in New York State Supreme Court, claims the deal is "wrong, unfair and harmful to Merrill shareholders."


The suit says the defendants "have clear and material conflicts of interest and are acting to better their own interests at the expense of Merrill public shareholders."


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