GREG FARRELL is a correspondent for the "Financial Times." In January 2009, he broke the news that Merrill Lynch had paid out its 2008 bonuses a month ahead of schedule, in December, even though Merrill was in the process of losing $28 billion for the year, and Bank of America needed an extra $20 billion in taxpayer funds to complete its acquisition of the firm. That story sparked an investigation by New York attorney general Andrew Cuomo. Greg is a past winner of the American Business Press's Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism. He earned a BA from Harvard University and an MBA from the Graduate School of Business at Columbia University.
"Farrell's account is eminently readable and convincing." --Salon.com "Farrell weaves his facts into a story...piling detail upon detail to sketch the inner workings of Merrill Lynch, which he calls the Wall Street firm that made it possible for average Americans to reap handsome returns in the stock market." --"USA Today "Crash of the Titan's is the ..".financial crisis' answer to Game Change--John Heilemann and Mark Halperin's tattle-filled best-seller about the 2008 Presidential election--Farrell shows that...seemingly trivial matters became the obsessions of Wall Street executives as the subprime contagion spread." "-BusinessWeek"