MERRILL LYNCH
\mˈɛɹɪl lˈɪnt͡ʃ], \mˈɛɹɪl lˈɪntʃ], \m_ˈɛ_ɹ_ɪ_l l_ˈɪ_n_tʃ]\
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Acquired by Bank of America in 2008, this financial advisory and brokerage company, failed during the height of the financial crisis. Merrill Lynch was founded in 1914 in New York City. Through its employees and registered financial advisors, the company processes millions of financial transactions each year.
By Henry Campbell Black
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"