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Currency Speculations
How Shakespearean Is That...?
Tue, Oct 30 2007, 20:26 GMT
by Mihai Nichisoiu
Stanley O'Neal retired today as head of investment giant Merrill Lynch - apparently under pressure from a board frustrated with the largest quarterly loss in the 93-year old firm's history. 'It is a tragic Shakespearean story', said a management professor at Yale University.
Shakespearean or not, Wall Street must be the only place in the world where you're awarded a $160-million exit package for leaving $8+ billion in losses behind your back.
Published on Tue, Oct 30 2007, 20:32 GMT
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Mihai Nichisoiu
| Bucharest, Romania
http://www.mihainichisoiu.com | mihainichisoiu@gmail.com
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