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Friday, October 26, 2007

Merrill (and its CEO) in trouble

Merrill Lynch chairman and chief executive, E. Stanley O’Neal, broached the possibility of a merger with Wachovia without first getting the approval of Merrill’s board, a major breach of corporate protocol.
Posted by ALD at 9:33 PM

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ALD
I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
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Chartered Financial Analyst, 2006

Chartered Financial Consultant, 2005

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      • O'Neal out
      • Countrywide
      • Bank of America moves to cut jobs
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      • Merrill Lynch Loss Wider Than Expected
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