Merrill Lynch
Merrill Lynch is a large financial services company that had revenues of $70 billion and profits of $7 billion in 2006. It provides financial services for private, institutional, and government clients. It works with mutual funds, insurance, annuities, trusts, clearing services as well as investment banking and brokerage. [1]
The company operates in the United States, Canada, Europe, the Middle East, Africa, the Pacific Rim, and Latin America. Headquartered in New York City, USA, it was founded in 1820. [2]
Contents
Political contributions
E. Stanley O'Neal, CEO of Merrill Lynch, is a Bush Ranger having raised at least $200,000 for Bush in the 2004 presidential election. [3]
Merrill Lynch gave $184,150 to federal candidates in the 2006 election through its political action committee - 47% to Democrats and 53% to Republicans. [4]
Lobbying
The company spent $3,952,760 for lobbying in 2006. $2,445,000 went to eight lobbying firms with the remainder being spent using in-house lobbyists. [5]
Personnel
Key executives and 2006 pay: [6]
- E. Stanley O'Neal, Executive Chairman and Chief Executive Officer, $19,200,000
- Ahmass L. Fakahany, Co-President and Co-Chief Operating Officer, $12,000,000
- Gregory J. Fleming, Co-President and Co-Chief Operating Officer, $13,600,000
- Jeffrey N. Edwards, Chief Financial Officer and Senior Vice President, $5,900,000
- Robert J. McCann, Vice Chairman and President of Global Private Client Segment, $9,200,000
Selected board members: [7]
- John D. Finnegan, Former Executive Vice President of General Motors Corporation
- Aulana L. Peters, Former Commissioner of the U.S. Securities and Exchange Commission
- Charles O. Rossotti, Senior Advisor to The Carlyle Group, a private global investment firm
Contact details
4 World Financial Center
250 Vesey St.
New York, NY 10080
Phone: 212-449-1000
Fax: 212-449-9418
Web: http://www.merrilllynch.com
References
- ↑ Merrill Lynch Profile, Hoovers, accessed July 2007.
- ↑ Merrill Lynch Profile, Yahoo Finance, accessed July 2007.
- ↑ Pioneers and Rangers, Texans for Public Justice, accessed July 2007.
- ↑ 2006 PAC Summary Data, Open Secrets, accessed July 2007.
- ↑ Merrill Lynch lobbying expenses, Open Secrets.
- ↑ Merrill Lynch Key Executives, Yahoo Finance, accessed July 2007.
- ↑ Board of Directors, Merrill Lynch, accessed July 2007.
External links
- "Merrill Lynch Top Contributor to Bush After Third Quarter", Open Secrets, Oct. 17, 2003.
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