Dow kim was a Senior Executive Advisor of Merrill Lynch & Co. Inc. Mr. Kim served as President of Global Markets and Investment Banking Group of Merrill Lynch & Co. Inc. from August 2003 to May 2007 and also its Executive Vice President from October 2003 to May 2007 and was responsible for the global debt and equity businesses.
After leaving Merrill, he founded the hedge fund Daimond Lake Investment Group.
Due to the credit crunch, a number of high-profile investors failed to follow through with promised funding, including former employer Merrill Lynch, Credit Suisse and two Asian banks. By August of 2008, Mr. Kim's fund was bankrupt.
He is reported to have earned $37 million in his last year as head of trading and investment banking at Merrill, getting out just before Merrill’s portfolio tuned into a disaster.