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E. Stanley O'Neal Leaves Merrill Lynch The CEO resigned on Tuesday over accusations that he low-balled the impact of the sub-prime mortgage crisis on Merrill's cash flow, and went behind Merrill's board of trustees to schmooze Wachovia for a possible take over of his company. Terri Cullen, author of the column "Fiscally Fit" for the Wall Street Journal Online, explains why it matters to you.
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E. Stanley O'Neal Leaves Merrill Lynch

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E. Stanley O'Neal Leaves Merrill Lynch

E. Stanley O'Neal Leaves Merrill Lynch

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E. Stanley O'Neal Leaves Merrill Lynch

Listen
  • Download
  • <iframe src="https://www.npr.org/player/embed/15799883/15799843" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The CEO resigned on Tuesday over accusations that he low-balled the impact of the sub-prime mortgage crisis on Merrill's cash flow, and went behind Merrill's board of trustees to schmooze Wachovia for a possible take over of his company.

Terri Cullen, author of the column "Fiscally Fit" for the Wall Street Journal Online, explains why it matters to you.

Special Series

Make Me Care