Merrill likely to dump CEO over massive losses
Story date: 2007-10-29 09:04:00
Added on: 2007-10-29 23:30:01
The Australian - But some executives believe Merrill should, at least partly, reverse the expansion of risk-taking seen under Mr O'Neal. ... the growth of its business packaging US home loans into securities left it overexposed to the problems in sub-prime mortgages ...
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