and anyone who has money in the company
and is not considering withdrawing it.
It's another plundering of someone else's money by another bunch of corporate hogs and bastards. The company loses billions, and the captain is paid $160 million to leave the ship. May God damn them all!
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Merrill Lynch CEO O'Neal Out
By JOE BEL BRUNO,
AP
Posted: 2007-10-30 17:27:33
NEW YORK (AP) - The unfolding credit crisis has claimed its biggest corporate casualty so far: Merrill Lynch CEO Stan O'Neal.
The announcement of his departure Tuesday came after the world's largest brokerage posted a $2.24 billion quarterly loss, its biggest since being founded 93 years ago. Merrill Lynch did not name a replacement for O'Neal, whose ouster had been expected, and who leaves the company with benefits worth $161.5 million.
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