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Merrill Lynch Gives Stan O'Neal the Boot; Now What?: Merrill LynchÂ posted a $2.3 billion net loss for the third quarter â€" its biggest since its founding 93 years ago â€" thanks to risky investments in subprime mortgages.Â The brokerage firmÂ allowed chief executive Stan O'Neal to "retire" after the board learned of his secret merger talks with Wachovia. (TheÂ many ex-employeesÂ 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

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