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O'Neal Exit Package Is All That's Left

Lawyers crafting golden parachute for Merrill CEO after $8.4B losses

By Lucas Laursen, Newser Staff

Posted Oct 30, 2007 4:37 AM CDT

(Newser) – CEO Stan O’Neal has leaped from the flames of Merrill Lynch after its $8.4 billion write-down last week, but nobody yet knows the size of his golden parachute, writes the Wall Street Journal. Teams of lawyers are negotiating an exit package that may... Read full story »

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O'Neal Exit Package Is All That's Left

Lawyers crafting golden parachute for Merrill CEO after $8.4B losses

subprime mortgages • Merrill Lynch • Stan O'Neal

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Another Head Rolls at Merrill Lynch

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Criminal prosecutors target Swiss banking giant for mispricing

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Brokerage's first-ever full-year loss blamed on subprime woes

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