Stan O'Neal Quits

Stan O'Neal Quits

October 30, 2007: Stan O'Neal stepped down from his position as CEO at Merrill Lynch.

Fast Facts

October 2007: Merrill Lynch reported a third-quarter net loss of $2.2 billion after writing off $8.4 billion of mortgages, collateralized debt obligations and loans
Earlier in 2007: O'Neal and other Merrill executives said the subprime mortgage crisis appeared to be overblown
Merrill elected Alberto Cribiore as interim non-executive chairman
Cribiore will head a search committee to find a new chief executive

Categories

Business and Finance | Executives

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The Mahalo Top 7

Merrill Lynch: Stan O'Neal Retires From Merrill Lynch and Stan O'Neal profile
Financial Times: O'Neal leaves Merrill after record writedown (October 30, 2007)
Wall Street Journal: Merrill's O'Neal Steps Down (October 30, 2007)
The Telegraph: Merrill chief O'Neal quits (October 30, 2007)
Bloomberg.com: Merrill Shares Rise Amid Speculation O'Neal Will Go (October 26, 2007)
Wikipedia: Stan O'Neal
The New York Times: E. Stanley O'Neal articles

Stan O'Neal Quits News

Google News: Stan O'Neal Quits
Times Online: Stan O'Neal quits as Merrill Lynch boss (October 30, 2007)
CNN Money: Merrill Lynch's O'Neal bows out as CEO (October 30, 2007)
The New York Times: "Merrill's Chief Is Said to Consider a Bid to Merge" (October 26, 2007)

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Stan O'Neal | Merrill Lynch

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