'Subprime' curse hits Merrill hard (The Star-Ledger)
Story date: 2007-10-29 11:10:22
Added on: 2007-10-29 23:58:49
BY JOSEPH R. PERONEMerrill Lynch Chief Executive Stan O'Neal is expected to lose his job soon, according to published reports, becoming the latest casualty of the "subprime" mortgage debacle and the resulting squeeze play in credit markets around the world.
Read more...
Related Stories:
-
Citigroup chief expects to leave
Chicago Tribune - Prince would become the second chief executive to lose his job in the wake of the problems with subprime...
2007-11-02 11:51:00 -
Merrill Lynch ousts CEO O'Neal (Reuters via Yahoo! News)
Merrill Lynch & Co Inc ousted Chairman and Chief Executive Stan O'Neal on Tuesday, just days after reporting the biggest quarterly...
2007-10-30 08:16:09 -
Thain acts to dull bad credit bets
Philadelphia Inquirer - Thain acts to dull bad credit bets Subprime crisis spurs Merrill Lynch's new CEO to take $15 ... happened...
2008-01-17 11:59:00 -
Temasek Raises Stake in Standard Chartered to 18% (Update2)
Bloomberg - Merrill announced $8.4 billion of writedowns on mortgage-related investments and corporate loans on Oct. 24, and then ousted Chief Executive...
2007-12-24 12:57:00 -
NEWSMAKER-Merrill CEO's rise buckled by risky mortgages (Reuters via Yahoo! Singapore News)
NEW YORK, Oct 29 - The anticipated departure of Merrill Lynch & Co Inc Chief Executive Stan O'Neal would mark a surprising...
2007-10-29 07:43:35 -
Mortgages cause $7.9B write-down, loss at Merrill Lynch
USA Today - Calendar: What companies are reporting today? Can't find your company?: Put the name or ticker symbol of any company...
2007-10-24 04:57:00 -
Merrill's iron driver (FT.com via Yahoo! News)
As a serious golfer such as Stan O'Neal knows only too well, one bad hole can ruin an otherwise great round....
2007-10-26 11:20:09 -
Merrill Gains on WSJ Report of Temasek Investment (Update1)
Bloomberg - Merrill had declined 19 percent in NYSE trading since the company announced $8.4 billion of writedowns on mortgage-related investments and...
2007-12-21 06:30:00
