Co-CIO sees 'possible inflection point' as cash moves to riskier assets.
According to a source, BofA boss Brian Moynihan vetoed John Thiel's plan to cut the Merrill grid by 2 percentage points.
After unit's restructuring, Rieder and Holt to take over.
After much speculation, the SEC today announced that its top cop will be stepping down in about two weeks.
Sees shift to equities from bonds as interest rates rise.
From farmland to junk bonds, officials concerned after buying binge.
Bloomberg poll finds nearly two-thirds plan to raise stock holdings over next six months.
'Great optimist,' 'raging bull' went from research analyst to CIO then co-managing partner.
Would succeed Walter, who took over as chairman last month.
