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Remember that dot-com bubble?
By Tony Hallett
Published: 17 July 2002 07:00 BST
Investment bank Merrill Lynch has reported robust second quarter figures, despite having to shell out $100m in settlement costs after accusations led by New York State attorney general Eliot Spitzer.
The bank and broker made $634m in the quarter and attracted $4bn worth of new business.
Spitzer was this year named a silicon.com Agenda Setter (http://www.silicon.com/as2002 ) because of his work in investigating the relationship in investment banks between departments offering research notes and buy recommendations and departments taking the same companies analysed - often dot-coms - to IPO.
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