Financial Times reports that "Merrill Lynch's losses in the past 18 months amount to about a quarter of the profits it has made in its 36 years as a listed company." That should be quite shocking to anyone. But Mr. O'Neal and Mr. John Thain, the people who have led ML during this disastrous period, have pulled in $226 million between 2003 and 2007- a perfect illustration of reward without risk.
On another note, the NYT reports that "Internet Traffic Begins to Bypass the U.S."
This has significant implications.
The Denver Convention has highlighted the Green Movement.
Friday, August 29, 2008
Losing Money and Traffic but Gaining Green
Labels:
Green business,
Merrill Lynch
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment