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Merrill CEO O'Neal Under Pressure to Resign After Record Loss

Story date: 2007-10-27 12:14:00
Added on: 2007-10-27 03:00:18


Bloomberg - He announced an $8.4 billion writedown Oct. 24 on loans and bonds backed by mortgages, almost twice as large as the firm ... Philip Purcell, the most recent CEO of a major Wall Street investment bank to be ousted, at Morgan Stanley, the second ...


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