Merrill Lynch’s Ghost Still Bull-Runs the World: A Global Séance in Three Acts
Tokyo wakes up, checks the Nikkei, and sees Merrill Lynch’s ghost hovering above the trading floor like an overpriced latte that refuses to evaporate. London’s Canary Wharf echoes with the same apparition. São Paulo, Mumbai, Dubai—everywhere capital goes to feel important—there’s a faint, expensive smell of Merrill Lynch cologne drifting through the vents. The firm…