FT reporter joins Bloomberg News

Greg Farrell, a U.S. business reporter for the Financial Times, has joined Bloomberg News this week.

Farrell will be working with the Bloomberg News legal team, writing about companies that are dealing with significant legal/regulatory issues.

Farrell had been at the FT since 2008. Before that, he spent nine years at USA Today, where he covered marketing and advertising and then white collar crime.

He is also the author of “Crash of the Titans: Greed, Hubris, the fall of Merrill Lynch and the near-collapse of Bank of America.”

In January 2009, he broke the news that Merrill Lynch had paid out its 2008 bonuses a month ahead of schedule, in December, even though Merrill was in the process of losing $28 billion for the year, and Bank of America needed an extra $20 billion in taxpayer funds to complete its acquisition of the firm. That story sparked an investigation by New York attorney general Andrew Cuomo.

Greg is a past winner of the American Business Press’s Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism.

He earned a bachelor’s degree from Harvard University and an MBA from the Graduate School of Business at Columbia University.