Mar 4, 2009 06:31 AM
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New York, 7:27 AM
Fri Mar 19
52 posts in the last 24 hours
• Merrill Lynch's top 10 earners in 2008—a list that Andrew Cuomo will be interested to take a look at—is out. Each made more than $10 million in cash and stock in 2008 as the bank racked up losses of $27.6 billion. [WSJ]
• The private sector lost nearly 700,000 jobs in February. [CNN]
• A UBS exec will address the Swiss bank scandal on Capitol Hill today. [NYT]
• Ben Bernanke yesterday: "If there is a single episode in this entire 18 months that has made me more angry, I can't think of one other than AIG." [BN]
• Bill Ackman's hedge fund dropped in February, Ken Griffin gained. [BN, NYP]
• More than 8.3 million mortgages are underwater, according to a report. [BN]
• Bernie Madoff has agreed to give up rights to his investment firm and company art collection. A hearing scheduled for today to look into conflicts of interest on the part of his lawyer, Ira Sorkin, has been postponed. [AP]
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