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Volume 32, Issue 3

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Wednesday, 21 November 2007 00:41

Merrill Lynch Resumes Critical Business Functions Within Minutes of Attack

Written by  Janette Ballman

For Merrill Lynch and Co. Inc. preparedness and proper testing of contingency plans kept their company doing ‘business as usual’ following the terrorist attacks of September 11. Merrill Lynch is one of the world’s leading financial management and advisory companies. Their headquarters is located in the World Financial Center, directly across from where the World Trade Center towers once stood. According to Paul Honey, Director of Global Contingency Planning, the financial firm was able to successfully evacuate their headquarters and resume critical management functions within minutes of the terrorist attack. In addition to the company’s headquarters, several more of Merrill Lynch’s office buildings were affected by the terrorist attacks. In all, some 9000 employees were impacted by the event.