o neal
Wachovia CEO to face investors on heels of big loss, dividend cut (The Post and Courier)
The collapse of the nation’s housing market and subsequent mortgage mess that has bedeviled Wall Street for nearly a year cost Stanley O’Neal his job at Merrill Lynch & Co. Ditto for Charles Prince at Citigroup Inc.
Merrill Lynch chief resigns
Stan O'Neal, who worked for 21 years at the brokerage giant, is a casualty of the sub-prime mortgage crisis. Merrill Lynch & Co. has lost billions of dollars in the sub-prime mortgage crisis, but the company's deposed chief executive is walking away with more than $160 million.
Merrill CEO said bound for exit
Stan O'Neal reportedly decides to step down, becoming first among his peers to be done in by the sub-prime crisis. The beleaguered head of Merrill Lynch & Co. has reportedly decided to step down and leave the firm, becoming the first chief of a Wall Street investment bank to be done in by the sub-prime mortgage crisis.
