Jump to content

Goodbody & Co.

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Urbanrenewal (talk | contribs) at 02:19, 20 March 2013 (added Category:Former investment banks using HotCat). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Goodbody & Co. was a United States stock brokerage firm headquartered in New York City.

Founded in the 1880s, it was the most prominent victim of the Wall Street paperwork crisis of the late 1960s. At the time of its collapse, it was the fifth-largest stock brokerage in the United States.

To save its customers from loss, it was merged into Merrill Lynch in December 1970.

In 1976, the New York Stock Exchange determined that the firm's senior partner, Harold Goodbody, had filed false financial statements and failed properly to supervise the business. The exchange banned him from re-entering the stock brokerage business.[1]

References