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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Stanley O'Neal

Stanley O'Neal stories: 8 news summaries

Chrysler, Merrill CEOs Passed Houses to Wives, Too

Fuld not the only one hiding assets

Feb 9, 09 1:42 PM CST
(Newser) - Dick Fuld’s wife isn’t the only one getting a discount mansion. Chrysler CEO Robert Nardelli and ex-Merrill Lynch honcho Stanley O’Neal have followed Fuld’s lead, handing their multimillion-dollar homes to their spouses, according to property records obtained by the New York Post. Such... More »

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Chrysler • Merrill Lynch • Lehman Brothers • Robert Nardelli • Stanley O'Neal • mansion • Richard Fuld • financial crisis

(Newser) - It's not been the best of years for the titans of Wall Street: a few federal bailouts, a housing collapse, and now a Ponzi scheme of mind-boggling proportions can do that. "Where did all that money go?" wonders the website wowOwow.com. And it has a partial answer: Straight... More »

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CEO • James Cayne • Angelo Mozilo • Stanley O'Neal • John Thain • mansion • bankers • Daniel Mudd • Richard Fuld • Bernard Madoff

ANALYSIS

Execs Were Paid $3B to Lay Credit Crisis Foundation

Wall Street chieftains were well rewarded for risks they took in 2003-07

Sep 26, 08 5:45 PM CDT
(Newser) - More than $3 billion was paid to the chief executives of the five biggest financial firms on Wall Street in the run-up to the credit crisis, Bloomberg reports. While supervising bad mortgage-related credit bets that eventually brought the financial system to its knees, Merrill Lynch’s Stanley O’Neal took... More »

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executive compensation • Goldman Sachs • CEO • Henry Paulson • Bear Stearns • Merrill Lynch • James Cayne • credit crisis • Stanley O'Neal • compensation • investment banks • JPMorgan Chase • financial crisis

Subprime Lender CEOs Defend Exec Pay

Merrill, Citi and Countrywide honchos cashed in as companies foundered

Mar 7, 08 3:50 PM CST
(Newser) - Banking executives who took home huge paychecks even as the subprime mortgage crisis battered their companies appeared before Congress today to defend their actions. Democrats on the House Oversight Committee grilled them about their enormous pay packages as Republicans apologized to them and questioned the premise of the hearing, the... More »

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Congress • Citigroup • executive compensation • Bank of America • Merrill Lynch • Countrywide • bonuses • Charles Prince • Angelo Mozilo • Stanley O'Neal • financial institutions • subprime crisis • House Committee on Oversight and Government Reform

House Hits High Bonuses
at Strapped Companies

Fat cats to face executive pay hearing

Mar 7, 08 7:53 AM CST
(Newser) - A House committee wants to know why the CEOs of three companies mired in the subprime crisis collected massive bonuses as their firms bled billions, AP reports. The targets include Merrill Lynch, Citigroup, and Countrywide, all of which posted stunning losses last year. Countrywide CEO Angelo Mozilo and the former... More »

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Henry Waxman • Citigroup • executive compensation • Merrill Lynch • Countrywide Financial • Charles Prince • Angelo Mozilo • Stanley O'Neal • subprime crisis • House Committee on Oversight and Government Reform

Exxon Gives Markets a Boost

Hopes for Fed rate cut, O'Neal ouster buoy stocks

Oct 29, 07 3:47 PM CDT
(Newser) - Stocks rose again today as Exxon Mobil rode record crude prices to its greatest gains in 3 weeks, Bloomberg reports. The Dow was up 63.56 to 13,870.26, the Nasdaq 13.25 to 2,817.44, and the S&P 500 5.70 to 1,540.98. Continuing... More »

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stock market • ExxonMobil • Merrill Lynch • oil price • Stanley O'Neal

Embattled Merrill Chief Stepping Down

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

Oct 28, 07 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. The list of potential... More »

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Wall Street • Goldman Sachs • Wachovia • Morgan Stanley • Merrill Lynch • mortgage backed securities • Stanley O'Neal • Laurence Fink • BlackRock • Gregory Fleming

Merrill Lynch Sizes Up Potential CEOs

With O'Neal headed for exit, list of possible successors grows

Oct 26, 07 4:49 PM CDT
(Newser) - With Stan O'Neal all but ousted after an $8.4 billion writedown mostly on subprime loans and an overture to Wachovia, Merrill Lynch is on the hunt for a new chairman and CEO. Candidates include BlackRock's Larry Fink, NYSE Euronext's John Thain, and in-house contender Robert McCann, Reuters reports. Sources... More »

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New York Stock Exchange • Merrill Lynch • Stanley O'Neal • John Thain • Robert McCann • Larry Fink

8 Stories


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