Investigation of suspicions of abuse of investigators from the Merrill Lynch investment company
Jan Runov, New York: Elliot Spitzer, the general prosecutor of the state of New York, said that the investigation that had been around 10 months revealed violations in the practice of Merrill Lynch. The company's brokers lied to their customers, offering to buy promotions, which, as professionals were already known, could hardly bring income. This is a shocking abuse of the trust of the depositors, said Eliot Spitzer, and one of the most, seemingly reliable companies in Wall Street went on.