WASHINGTON — Herb Allison, the former president of Merrill Lynch, was relaxing on a beach in the Virgin Islands in September 2008 when he got an urgent phone call from a senior aide to Treasury Secretary Henry Paulson.
All Bank Investment Consultant articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.