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Embattled Merrill Chief Stepping Down

O'Neal will announce departure; Fink leading contender for CEO

By Wesley Oliver,  Newser Staff

Posted Oct 28, 2007 6:53 PM CDT

(Newser) – Merrill Lynch CEO Stan O’Neal has decided to step down, the Wall Street Journal reports, after days of speculation about his likely ouster following $8 billion in writedowns for the bank, and reports that he had discussed a merger with Wachovia without board authorization....   Read full story »

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