October 30, 2007

Merrill Lynch ousts CEO O’Neal (Reuters)

Merrill Lynch President and Chief Operating Officer Stan O'Neal is photographed in New York in this May 21, 2002 file photo. Merrill Lynch  and  Co Inc said on October 30, 2007, Chairman and Chief Executive Stan O'Neal retired and named board member Alberto Cribiore to serve as non-executive chairman. (Chip East/Files/Reuters)Reuters – Merrill Lynch & Co Inc ousted
Chairman and Chief Executive Stan O’Neal on Tuesday, just days
after reporting the biggest quarterly loss in the company’s
history, making him the highest-ranking casualty in the U.S.
subprime mortgage crisis.


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