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Edmund C. Lynch gained special notoriety when he foresaw the impending Wall Street Crash of 1929, and advised Merrill Lynch's clients to sell many of their stock holdings in 1928. As many Americans were enjoying the soaring stock market in 1928, Lynch was convinced a disaster was near.
Merrill, Lynch & Company prospered by specializing in underwriting the securities of chain stores. Having helped organize Safeway Stores in 1926, Merrill sold his firm’s retail brokerage operations to E.A. Pierce & Company in 1930 and concentrated on investment banking until 1940,…
Aug 15, 2021 · EDMUND LYNCH Obituary. LYNCH--Edmund Calvert, III, son of Caroline Hudson Lynch Firestone and the late Edmund Calvert Lynch, Jr. Born in New York City October 22, 1953; died August 6, 2021,...
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Founding and early history. The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co.
Author(s): Edmund C. Lynch Source: The Business History Review, Vol. 42, No. 2 (Summer, 1968), pp. 149-170 Published by: The President and Fellows of Harvard College
Dec 7, 1998 · In founding Merrill Lynch–his partner and sidekick, Edmund C. (“Eddie”) Lynch, was a soda-fountain-equipment salesman–Merrill created an important and enduring institution.
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6 days ago · In 1914 Charles E. Merrill, a bond dealer, founded a small investment-banking firm and the next year took on a partner, Edmund C. Lynch. Merrill, Lynch & Company prospered by specializing in underwriting the securities of chain stores.
