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Saturday, July 26, 2008

SemGroup tags Merrill Lynch

Is there anything that doesn't singe Merrill Lynch? SemGroup, which declared bankruptcy after they lost $3.2 billion trading oil, dinged Merrill Lynch for $55,000,000.
http://www.reuters.com/article/bondsNews/idUSN2550339420080725

Here's a list of the top 30 creditors. (This list doesn't include the Hooter's restaurants and the massage clinics!)
http://www.tulsaworld.com//webextra/content/sem1.PDF

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