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Merrill Lynch Gives Stan O'Neal the Boot; Now What?
Merrill Lynch posted a $2.3 billion net loss for the third quarter — its biggest since its founding 93 years ago — thanks to risky investments in subprime mortgages. The brokerage firm allowed chief executive Stan O'Neal to "retire" after the board learned of his secret merger talks with Wachovia. (The many ex-employees whose jobs...
Tags: Strategy, Balance Sheets, Corporate Governance, Mortgages, O'Neal, Merrill Lynch & Co. Inc., Financial Services, Finance, Capital Structures, Business Operations, Corporate Law, Financial Statements, Financial Accounting, Management, Lori Deschene
Blog posts 2007-10-30

Additional Resources

Film Choice
The Serpent 1.10PM & 10.15PM SKY MOVIES INDIE (Eric Barbier, 2006) In this stylish French thriller, the bourgeois life of a photographer Yvan Attal unravels when he becomes the victim of a complicated blackmail scam by a mother- fixated psychopath Clovis Cornillac. The overblown...
Articles 2008-11-26
Immortal Arenas waxes poetic
WASHINGTON WIZARDS space cadet Gilbert Arenas had his likeness immortalized at Madame Tussauds wax museum in Washington, D.C., last week. No word if the figure has injured its knee yet. Arenas is out likely until January with another major knee injury, but he still was at the...
Articles 2008-11-22
Garnett suspended; Shaq hit with fine
Boston Celtics star Kevin Garnett was suspended for one game and Phoenix center Shaquille O'Neal was been fined $25,000 by the NBA on Monday for separate incidents over the weekend. Garnett was penalized for hitting Milwaukee's Andrew Bogut in the face near the end of Saturday's game....
Articles 2008-11-18
Utah Jazz swat Shaq, dash past Phoenix
The Jazz were so happy to be back home Monday night, they threw a block party. Behind three fourth-quarter rejections of Shaquille O'Neal, a 21- point, 15-rebound double-double by Carlos Boozer and another 21 points from C.J. Miles, coach Jerry Sloan's club returned from a disastrous five-game...
Articles 2008-11-18
Kirilenko brings energy in return
Andrei Kirilenko missed back-to-back games at the end of the Utah Jazz's recent road trip with what he termed "a silly injury." Kirilenko, despite his sprained right index finger, was back on the court on Monday night, and his teammates and coaches couldn't have been happier. Kirilenko...
Articles 2008-11-18
Shaq gives Pistons physics lesson
Amare Stoudemire had 29 points and 11 rebounds on his 26th birthday, and the Phoenix Suns overcame the second-quarter ejection of Shaquille O'Neal on Sunday night to beat the visiting Detroit Pistons 104-86. Steve Nash, back from a one-game suspension for his part in a skirmish...
Articles 2008-11-16
Ejected O'Neal gives Detroit physics lesson 32p 32p
Amare Stoudemire had 29 points and 11 rebounds, and the Phoenix Suns overcame the ejection of Shaquille O'Neal on Sunday night to beat the visiting Detroit Pistons 104-86. Steve Nash, back from a one-game suspension for his part in a skirmish with several Houston Rockets on...
Articles 2008-11-16
Nash, Alston, Barnes suspended for fight
NEW YORK -- The NBA has suspended Steve Nash and Matt Barnes of Phoenix and Rafer Alston of Houston for their roles in a fight. Alston and Barnes were suspended for two games without pay and Nash for one. The league also fined Shaquille O'Neal $35,000 and...
Articles 2008-11-15
Campbell Appoints Rosalyn Taylor O'Neale Chief Diversity and Inclusion Officer
CAMDEN, N.J. -- Campbell Soup Company (NYSE:CPB) today announced the appointment of Rosalyn Taylor O'Neale as Vice President and Chief Diversity and Inclusion Officer. She will be based at Campbell's headquarters in Camden and will report to Nancy Reardon, Senior Vice President and Chief Human Resources and Communications Officer. ...
Articles 2008-11-10
The nature of Rousseau's R^everies; physical, human, aesthetic
The nature of Rousseau's R^everies; physical, human, aesthetic. Ed. by John C. O'Neal. Voltaire Foundation 2008 281 pages $110.00 Paperback Studies on Voltaire and the eighteenth century; 2008:03 PQ2040 The 17 papers,...
Articles 2008-11-01
Able but aging Suns setting in Pacific
Phoenix Suns general manager Steve Kerr took a big gamble prior to the trade deadline last season, landing past-his-prime but still- a-force center Shaquille O'Neal from the Heat for athletic forward Shawn Marion. The idea was that O'Neal would help come playoff time when games slow down and become more...
Articles 2008-10-29
Champions will have company
It wasn't even close a year ago, as the Boston Celtics led the Atlantic Division from start to finish, winning the title by 25 games over second-place Toronto. But things could be different this time around. It could be argued that all four of the Celtics' division...
Articles 2008-10-29
Raiders lose Justin Griffith for the season
Fullback Justin Griffith will need knee surgery and is out for the year, coach Tom Cable announced at the Raiders weekly press conference Monday. Griffith has a torn ACL, an injury he sustained a couple of plays before before scoring on a 2-yard touchdown pass from JaMarcus...
Articles 2008-10-27
O'Neal and son charged with possessing meth
Ryan O'Neal and his son, Redmond, were charged Wednesday in Malibu, Calif., with possession of methamphetamine. Both face felony drug possession charges, deputy district attorney James Garrison said. Redmond O'Neal, 23, also faces misdemeanor charges for possession of drug paraphernalia and possession of pepper spray...
Articles 2008-10-16
Suns' Nash injures ankle in NBA pre-season game
ATLANTA, Georgia AFP — Two-time National Basketball Association Most Valuable Player Steve Nash sprained his ankle Wednesday in a pre-season game against the Atlanta Hawks. Nash, a six-time All-Star, left the game with 2:14 to play in the first half, but the Suns managed to pull off a...
Articles 2008-10-16
Nash sprains ankle in preseason game
ATLANTA AP -- Phoenix Suns guard Steve Nash left Wednesday night's preseason game against the Atlanta Hawks after spraining his right ankle. Nash was injured late in the first half and was not expected to return, according to the Suns. Nash limped and grimaced...
Articles 2008-10-16
A rare and painful disease
Griffin O'Neal remembers the day his mother walked in on him while he was playing with his plastic motorcycle: He was jumping it off a large bump that had grown on his left shin. Just 6 years old, O'Neal thought the bump was a result of the swift kicks a...
Articles 2008-10-15
Ryan O'Neal, son charged in drugs case: prosecutors
LOS ANGELES AFP — Actor Ryan O'Neal and his son have been charged with drug possession following a search at the star's home in Malibu last month, Los Angeles prosecutors said Wednesday. The 67-year-old star of classic 1970s films "Love Story" and "Paper Moon" was hit with one...
Articles 2008-10-15
76ers, Raptors offer preview of regular-season opener
The 76ers and the Toronto Raptors have this in common: They each made a major acquisition during the offseason. Elton Brand went from the Los Angeles Clippers to the Sixers. Jermaine O'Neal went from the Indiana Pacers to the Raptors. Neither put up much in the way of statistics yesterday...
Articles 2008-10-13
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