Potential investors in Merrill Lynch - recently bought out by Bank of America - may care to know where their hard-earned investments REALLY go.
Despite five consecutive losing quarters and a 70% FALL in its stock price in 2008, Merrill Lynch has set aside $6.7 BILLION for year-end employee bonuses.
So whilst its customers continue to have their shit gripped by the current financial situation, a handful of people - intrinsically responsible FOR that very mess - walk away with $6.7 BILLION in time to pay off their post-Christmas credit card bills.
Merrill Lynch
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