News comes today of the very likely departure of Stan O'Neal from the top slot at Merrill Lynch (MER). He's out in record time 1) due to the whole subprime situation and 2) because it looks like he approached Wachovia (WB) about a merger without properly informing those who thought they should be informed.
This brings two thoughts to mind:
Do any of you really understand the whole subprime thing? I mean, I kind MOREBing - Oct 29, 2007 1:15 PM ET
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