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7 Aug 2008, 5:12 pm
In light of the securities firm’s current distress — it has taken more than $40 billion in write-downs and recently sold part of its subprime [...] [read post]
7 Mar 2008, 7:24 am
In Washington on Friday, a House committee is taking a close and, in many cases, skeptical look at the departing paycheck and other perks bestowed on E. [read post]
24 Jan 2008, 6:26 am
  Shaquille O'Neal's financial disclosures, made in his divorce proceeding, reflect the following monthly expenses - • $1,500 for cable TV. [read post]
14 Nov 2007, 11:57 am
In some ways, though, the man who is set to become Merrill’s next boss, John Thain of NYSE Euronext, shares traits with the last one, E. [read post]
30 Oct 2007, 6:31 am
After five years atop one of Wall Street’s best-known firms, E. [read post]
30 Oct 2007, 1:07 am
O'Neal's ouster, the global credit crunch -- triggered by a steep downturn in the value of subprime mortgages to the least-credit-worthy borrowers -- reaches deep into the executive suite. [read post]
29 Oct 2007, 6:58 am
However, Reuters is now reporting that the board has reached a broad consensus to remove O'Neal as chairman and CEO, and the Wall Street journal is reporting that O'Neal has decided to leave.Meanwhile the list of top contenders for the slot is expanding, and now includes Merrill's retail head Robert McCann, Blackrock head Larry Fink, John Thain from the NYSE, and Gregory Fleming, Merrill's co-president. [read post]
29 Oct 2007, 4:57 am
Stanley O'Neal’s six-year reign at Merrill Lynch is coming to an end. [read post]
26 Oct 2007, 9:15 am
You say one little thing - "let's merge with a bank! [read post]
25 Oct 2007, 4:39 am
Merrill Lynch’s admission Wednesday that it would take a $7.9 billion write-down, has, perhaps unsurprisingly, raised questions about the leadership of Merrill’s chief, E. [read post]
14 Sep 2007, 10:42 am
  Cubs players praise announced bidder Mark Cuban, the controversial owner of the National Basketball Association's (NBA) Dallas Mavericks, as a potential owner.[9]  However, Chicago Tribune business columnist Michael Oneal characterizes him as an underdog, stating "While Internet billionaire Mark Cuban . . . has expressed interest in the Cubs, most observers think MLB would balk at a potential owner as unpredictable and outspoken as Cuban. [read post]