Toxic Asset

Mind the Stairwell at Merrill Lynch: A year and a half after a Merrill Lynch trader, upset by a reduction in his bonus, defecated on the floor of a trading area bathroom and proceeded to track it around the office, a similar incident has taken place at the firm. There are two important differences this time the evidence was found in the stairwell between trading floors and this time it was not redistributed.

Mind the Stairwell at Merrill Lynch: A year and a half after a Merrill Lynch trader, upset by a reduction in his bonus, defecated on the floor of a trading area bathroom and proceeded to track it around the office, a similar incident has taken place at the firm. There are two important differences — this time the evidence was found in the stairwell between trading floors and this time it was not redistributed. Who is responsible and why they did it is still unknown.

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