Merrill CEO Discussed Merger with Wachovia, Angering Board - NY Times [View article]
If O'Neal discussed a possible merger without the Board's approval then he should be let go. But I still don't understand why he did this in the first place. He was already in plenty of hot water of the $8 billion in losses. If Merrill is interested in a merger with Wachovia then they have plenty of backchannels they can go through www.newsvisual.com/new... . Does O'Neal want to get fired?
Merrill CEO Discussed Merger with Wachovia, Angering Board - NY Times [View article]