Tag:

O Neal

Latest Headlines

Latest Headlines

What went wrong at Merrill Lynch?

The New York Times offers a long narrative about the fall of Merrill Lynch. The basic story line is that "two indispensable members of (Stan) O'Neal's clique"--Osman Semerci, who, among other things, ran Merrill's bond unit, and Ahmass Fakahany, the firm's vice chairman and chief administrativ

Will CEO turmoil continue?

We've seen a lot of high profile CEO lose their jobs. Stanley O'Neal. Chuck Prince. Jimmy Cayne. But at least one MarketWatch commentator thinks at least two other fairly big name CEOs ought to be similarly shown the door. He says that Ken Thompson, of Wachovia, and Kerry Killinger, of Wash

Shareholders to take on Wall Street banks?

Is a shareholder revolt in the making against top banks? Well, that's a possibility, notes the Financial Times . We'll get an idea next month, when Morgan Stanley holds its annual meeting. So far, CtW Investment Group is the only group that is making any noise. It may seek to prevent John

John Mack on the hot seat

John Mack, so far, has been spared the same fate as Merrill Lynch's Stanley O'Neal, Citigroup's Chuck Prince and Bear Stearns' Jimmy Cayne. But the CEO and chairman of Morgan Stanley has a lot weighing on him right now. At least one activist shareholder group is weighing a campaign to install

SPOTLIGHT: 3 Blind Mice

See how they ..defend their pay. Angelo Mizilo, Stanley O' Neal and Chuck Prince all appeared before a house committee and argued they deserved their pay even as their companies reeled. Article (Angelo Mozilo, Chuck Prince, Citigroup, Countrywide Financial, House Committee, Merrill Lyn