5 Messy Financial Firm Breakups—and One Keeping Mum
Sometimes being No. 2, or even No. 1, doesn't guarantee a future with the company.
O'NEAL RESIGNS AS CEO; WHAT'S NEXT FOR MERRILL?
Merrill Lynch Chairman and CEO Stan O'Neal's retired on October 30, six days after the firm announced a write-down of some $8 billion due to its mortgage-related holdings; that amount represents about
'Mack the Knife' Joins Pequot
NEW YORK (HedgeWorld.com)--John Mack, whose cost cutting and streamlining skills earned him the Wall Street nickname "Mack the Knife," has joined Pequot Capital Management Inc. as the hedge fund firm's chairman. Arthur J. Samberg will remain as chief executive and continue to oversee management of the firm and its investment...